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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
TechSony

Sony Loses Third PlayStation Boss In Five Years

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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October 1, 2019, 10:52 AM ET
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The PlayStation division is Sony’s crown jewel, but it’s increasingly having trouble hanging onto high-level executives.

Shawn Layden is the latest to depart the role. The unexpected news was announced late Monday via Tweet from the PlayStation account.

“It is with great emotion that we announce that Worldwide Studios Chairman Shawn Layden will be departing SIE,” the company said. “His visionary leadership will be greatly missed. We wish him success in future endeavors and are deeply grateful for his years of service. Thanks for everything, Shawn!”

Important details, such as the reason for Layden’s departure and who would be filling the role, were not supplied. When contacted by Fortune for more details, a PlayStation representative said the company had “nothing to announce … other than what was tweeted out.”

Layden, who spent 32 years at Sony, was the third head of the PlayStation unit to leave the job in the past five years. Jack Tretton, who held the job for eight years, left in 2014. And Andrew House, left in 2017, ending a 27 year run with the company.

It is with great emotion that we announce that Worldwide Studios Chairman Shawn Layden will be departing SIE. His visionary leadership will be greatly missed. We wish him success in future endeavors and are deeply grateful for his years of service. Thanks for everything, Shawn!

— PlayStation (@PlayStation) September 30, 2019

Other recent high profile departures include Adam Boyes, who oversaw relations with third-party companies, in 2016 and John Drake, former head of Sony’s portfolio and content acquisition efforts, who left earlier this year.

Layden leaves Sony as the PlayStation 5 likely prepares for a 2020 launch and soon after the acquisition of developer Insomniac Games (makers of Spider-Man), a deal many insiders saw as a win for the company.

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Catch up with Data Sheet, Fortune’s daily digest on the business of tech.

About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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