Sony Group Corporation and Sony Pictures Entertainment (SPE) announced on Tuesday that Ravi Ahuja will be promoted to President and CEO of SPE, effective January 2, 2025. Ahuja, who currently serves as SPE's Chairman of Global Television Studios and President and COO, will succeed Tony Vinciquerra, who will step down from his role as SPE CEO.
Vinciquerra will continue to serve as non-executive Chairman in an advisory capacity until the end of December 2025.
In his new role, Ahuja will report directly to Kenichiro Yoshida, Chairman and CEO of Sony Group Corporation, and Hiroki Totoki, President, COO, and CFO of Sony Group Corporation.
Who is Ravi Ahuja?
Since joining SPE in 2021, Ahuja has been responsible for overseeing all production businesses for Sony Pictures Television (SPT) and the studio's India business as Chairman of Global Television Studios.
Additionally, he has overseen SPE's Mergers and Acquisitions (M&A) activities, including the acquisitions of Industrial Media, Bad Wolf, and Pixomondo, as well as the sale of GSN Games to Scopely.
Prior to his tenure at SPE, Ahuja held various positions of increasing responsibility, including President of Business Operations and CFO at Walt Disney Television, and CFO at Fox Networks Group and Virgin Entertainment Group, Inc.
Kenichiro Yoshida, Chairman and CEO of Sony Group Corporation, praised Ahuja's contributions, saying, "Since joining SPE in 2021, Ravi has been at the centre of Tony's leadership team, navigating the unprecedented challenges of today's media and entertainment environment and positioning SPE for further growth. Ravi brings with him years of experience from his time at some of the world's most successful entertainment companies, and we look forward to working more closely with him in his new role as President and CEO of SPE."
During his tenure, which began in June 2017, Vinciquerra successfully led SPE's turnaround, achieving five consecutive years of increasing profit. This was accomplished by strengthening SPE's film slate, reimagining its television businesses, and pursuing aggressive M&A in key growth areas, such as the acquisition of Crunchyroll in 2021.
Ready to Master Stock Valuation? ET’s Workshop is just around the corner!
The TOI Business Desk is a vigilant and dedicated team of journal...
Read MoreThe TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.
Read Less