It was just announced that Jack Tretton will be stepping down from his role as the President and CEO of Sony Computer Entertainment America (SCEA) by March 31, 2014. This is from a mutual agreement between Tretton and SCEA to not renew their contractual agreement.
"Working at SCEA for the past 19 years has been the most rewarding experience of my career," said Tretton. "Although I will deeply miss the talented team at SCEA and the passion demonstrated every day by our fans, I'm very excited about starting the next chapter of my career. I want to thank the employees, partners and customers for their tireless commitment to the PlayStation brand and, of course, to our fans who have pushed us to new heights of innovation and entertainment over the past two decades. I leave PlayStation in a position of considerable strength and the future will only get brighter for PlayStation Nation."

Shawn Layden, the current Executive VP and COO of Sony Network Entertainment International, will step in to become the new President and CEO of SCEA on April 1, 2014. What does Layden bring to the table? Quite a bit of experience for one thing.
A 15-year PlayStation veteran, Layden was one of the founding members of SNEI in 2010, joining the company directly from Sony Computer Entertainment, where he most recently held the position of President, Sony Computer Entertainment Japan. His career at Sony Computer Entertainment also included eight years at SCE Worldwide Studios in London where he directed international software development.

"It's an honor and privilege to join Sony Computer Entertainment America and be a part of the team that is leading the next generation of gaming and entertainment," said Layden. "SCEA is committed to delivering breakthrough gaming experiences that inspire fans and exceed their wildest expectations. As PS4™ shows us every day, there has never been a better time to be part of the PlayStation community and I look forward to working with our retail, development, publishing and network partners to further demonstrate why PlayStation is the best place to play."

"I've worked with Jack for nearly two decades and I want to personally thank him for his leadership and the considerable contributions he's made to the SCEA business and PlayStation brand over the years. I wish him nothing but the best in his future endeavors," said Andrew House, President and Group CEO, Sony Computer Entertainment. "I also want to welcome Shawn to the Sony Computer Entertainment America team. I have the utmost confidence in Shawn's leadership capabilities, and his deep knowledge of the gaming industry and commitment to gamers, will help keep PlayStation at the forefront of entertainment and innovative gameplay."