PlayStation President and Global CEO Andrew House is stepping down from his role, with current Deputy President of Sony Interactive Entertainment John (Tsuyoshi) Kodera taking his place effective immediately.

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Per the official announcement on Sony's website , House will remain with SIE as Chairman for the year for transitional purposes, and stick with Sony as Director and Chairman of SIE."I'm tremendously proud of what we've built with PlayStation and Sony Interactive Entertainment: entertaining millions globally with the best in games and creating a fully fledged digital entertainment company," said House in in a statement. "PlayStation has been a huge part of my life for more than 20 years but with the business having achieved record-breaking success, now seemed to be the right time for me to pursue new challenges. I shall always treasure the friendships and people that have made SIE such a wonderful place to work. I'm also grateful to PlayStation fans and gamers around the world for their loyalty and support. John and the team at SIE are world-class and I know the future of PlayStation is very bright."House took PlayStation's reins as global president in 2011 , but has been with the company since 1990 where he served in corporate communications at Sony headquarters. Last year, he led the merging of Sony Computer Entertainment and Sony Network Entertainment to create Sony Interactive Entertainment.

Lucy O'Brien is Games & Entertainment Editor at IGN’s Sydney office. Follow her on Twitter.