Sony 2007 Annual Report Download - page 54

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5151
Supervision
Structure of Sony Corporate Governance System
(Names and positions of new Directors and Corporate Executive Officers as of June 21, 2007)
Sir Howard Stringer Sony Corporation Chairman and Chief Executive
Officer
Ryoji Chubachi Sony Corporation President and Electronics CEO
Katsumi Ihara Sony Corporation Executive Deputy President,
Officer in charge of Consumer Product Group
Akishige Okada* Advisor, Sumitomo Mitsui Banking Corporation
Hirobumi Kawano* Senior Vice President, JFE Steel Corporation
Yotaro Kobayashi* Chief Corporate Advisor, Fuji Xerox Co., Ltd.
Sakie T. Fukushima* Representative Director & Regional Managing
Director–Japan, Korn/Ferry International
Member of the Board, Korn/Ferry International, U.S.A.
Board of Directors
•Determines the fundamental management policies of the Sony Group.
•Oversees the management of Sony Group’s business operations.
•Appoints and dismisses the statutory committee members.
•Appoints and dismisses Corporate Executive Officers.
Chairman of the Board: Yotaro Kobayashi*
Vice Chairman of the Board: Hirobumi Kawano*
Yoshihiko Miyauchi* Director, Representative Executive Officer,
Chairman and Chief Executive Officer,
ORIX Corporation
Yoshiaki Yamauchi* Director, Sumitomo Mitsui Financial Group, Inc.
Sir Peter Bonfield* Member of the Board, Telefonaktiebolaget
LM Ericsson
Fueo Sumita* Chief of Sumita Accounting Office
Fujio Cho* Chairman, Toyota Motor Corporation
Ned Lautenbach* Operating Partner, Clayton, Dubilier & Rice, Inc.
Ryuji Yasuda* Professor, Graduate School of International
Corporate Strategy, Hitotsubashi University
* An outside director who satisfies the requirements under Item 15, Article 2 of the Japanese Company Law
Audit Committee
•Monitors the performance of duties by Directors and
Corporate Executive Officers (with regard to the preparation
process of financial statements, disclosure controls and
procedures, internal controls, compliance structure, risk
management structure, internal audit structure, internal
hotline system, and other matters).
•Determines the content of proposals regarding the
appointment/dismissal or non-reappointment of, approves
the compensation of, and oversees and evaluates the work
of Sony’s independent auditors.
•Reviews with Sony’s independent auditors the scope and
results of their audit including their evaluation of Sony’s
internal controls, compatibility with generally accepted
accounting principles in the U.S., and the overall quality
of financial reporting.
Yoshiaki Yamauchi* (Chairman)
Fueo Sumita*
Ryuji Yasuda*
Compensation Committee
•Sets policy on the contents of individual
compensation for Directors, Corporate
Executive Officers, Corporate Executives
and Group Executives and determines
the amount and content of individual
compensation of Directors and Corporate
Executive Officers in accordance with
the policy.
Akishige Okada* (Chairman)
Yoshihiko Miyauchi*
Sakie T. Fukushima*
Nominating Committee
•Determines the content of
proposals regarding the
appointment/dismissal of
Directors.
Yotaro Kobayashi* (Chairman)
Hirobumi Kawano*
Sir Peter Bonfield*
Fujio Cho*
Sir Howard Stringer
Ryoji Chubachi
Corporate Executives
• Carry out business operations within designated areas, including business units, research and development, and/or headquarters functions, in
accordance with the fundamental policies determined by the Board of Directors and the Corporate Executive Officers.
Corporate Executive Officers
• Make decisions regarding the execution of Sony Group business activities within the scope of the authority delegated to them by the Board
of Directors.
Execution
Sir Howard Stringer** Chairman and Chief Executive Officer
Ryoji Chubachi** President and Electronics CEO
Katsumi Ihara** Executive Deputy President, Officer in charge of
Consumer Product Group
Yutaka Nakagawa Executive Deputy President, Officer in charge of
Semiconductor & Component Group
** Representative Corporate Executive Officer concurrently serving as Director
Nobuyuki Oneda Executive Vice President and Chief Financial Officer
Keiji Kimura Executive Vice President, Officer in charge of
Technology Strategies, Intellectual Property and
Electronics Business Strategies
Nicole Seligman Executive Vice President and General Counsel