![Ken Kutaragi, president and group Chief Executive Officer of Sony Computer Entertainment Inc., holds up a box containing Sony's new PlayStation 3 (PS3) during its launch ceremony at an electronics retail shop Ken Kutaragi, president and group Chief Executive Officer of Sony Computer Entertainment Inc., holds up a box containing Sony's new PlayStation 3 (PS3) during its launch ceremony at an electronics retail shop](https://c8.alamy.com/comp/2D1KPYK/ken-kutaragi-president-and-group-chief-executive-officer-of-sony-computer-entertainment-inc-holds-up-a-box-containing-sonys-new-playstation-3-ps3-during-its-launch-ceremony-at-an-electronics-retail-shop-in-tokyo-november-11-2006-sony-will-roll-out-the-latest-version-of-its-blockbuster-games-machine-in-japan-on-saturday-in-a-three-way-showdown-with-microsoft-corps-xbox-360-and-nintendo-cos-upcoming-wii-in-the-nearly-30-billion-video-game-market-reuterskiyoshi-ota-japan-2D1KPYK.jpg)
Ken Kutaragi, president and group Chief Executive Officer of Sony Computer Entertainment Inc., holds up a box containing Sony's new PlayStation 3 (PS3) during its launch ceremony at an electronics retail shop
![Ken Kutaragi, The Father of PlayStation, retires as President of Sony (SCEI) and is replaced by Kazuo Hirai - Video Games Blogger Ken Kutaragi, The Father of PlayStation, retires as President of Sony (SCEI) and is replaced by Kazuo Hirai - Video Games Blogger](https://cdn.videogamesblogger.com/wp-content/uploads/2006/11/ken-kutaragi-shows-ps3.jpg)
Ken Kutaragi, The Father of PlayStation, retires as President of Sony (SCEI) and is replaced by Kazuo Hirai - Video Games Blogger
![Head of Sony Computer Entertainment Kutaragi and Head of Sony Computer Entertainment Hirai display the new Sony PlayStation 3 game console in Los Angeles. Head of Sony Computer Entertainment Ken Kutaragi (R) Head of Sony Computer Entertainment Kutaragi and Head of Sony Computer Entertainment Hirai display the new Sony PlayStation 3 game console in Los Angeles. Head of Sony Computer Entertainment Ken Kutaragi (R)](https://c8.alamy.com/comp/2CREC84/head-of-sony-computer-entertainment-kutaragi-and-head-of-sony-computer-entertainment-hirai-display-the-new-sony-playstation-3-game-console-in-los-angeles-head-of-sony-computer-entertainment-ken-kutaragi-r-and-head-of-sony-computer-entertainment-usa-kaz-hirai-display-for-the-first-time-the-new-sony-playstation-3-game-console-during-a-media-preview-at-sony-pictures-studios-in-los-angeles-may-16-2005-sony-corporation-will-launch-its-new-playstation-3-video-game-console-in-the-spring-of-2006-with-the-promise-of-high-definition-graphics-and-broadband-connectivity-the-company-said-on-monda-2CREC84.jpg)