
2 years after the hack, Sony CEO Lynton exits for Snap Inc.
LOS ANGELES — Two years after guiding the company through an unprecedented email hack, Sony Entertainment CEO Michael Lynton is leaving the company to become the chairman of the board for Snap Inc., the company behind Snapchat.
Sony said Friday that Lynton, a 13-year Sony veteran who led both the music and entertainment group, will stay on for six months to ensure a smooth transition as Sony Corp. President and CEO Kazuo Hirai looks for a replacement.
In a statement, Lynton said he had been involved with Snapchat since its early days and is choosing to focus on that company given its recent growth.
Lynton started with Sony in 2004 as chairman and CEO of Sony Pictures Entertainment and in 2012 was named CEO of Sony Entertainment.