Sony CFO To Lead Entertainment-Electronic Giant As President

Hiroki Totoki, Sony’s chief financial officer, will become its president and COO, Sony Corp. said in a statement Thursday. Kenichiro Yoshida remains chairman and chief executive, signaling continuity at the Tokyo-based maker of PlayStation game machines, Bravia TVs and Spider-Man movies. Also Thursday, Sony reported a 6% decline in net profit for the October-December quarter, at 326.8 billion yen ($2.5 billion).