FILE PHOTO - Michael Lynton, CEO Sony Entertainment and CEO and chairman Sony Pictures Entertainment, speaks during an investors' conference at the company's headquarters in Tokyo November 18, 2014. REUTERS/Toru Hanai/File Photo
LOS ANGELES: Sony Entertainment chief executive Michael Lynton will step down to become chairman of the board of messaging app owner Snap Inc, a move that puts an experienced Hollywood executive in a prominent role as the technology company prepares for an initial public offering.
Lynton will give up his current position at Sony's movie and television unit on Feb 2 but remain as co-CEO for six months to help find a successor, Japanese conglomerate Sony Corp said in a statement on Jan 13.
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