PEOPLE - TRADE

PEOPLE - TRADE

SONY USA INC. (NEW YORK) - Masaaki Morita was named vice chairman, and Michael P. Schulhof was promoted to president, effective April 1.

Mr. Morita was president of Sony USA, and Mr. Schulhof was deputy president. Norio Ohga, president and chief executive officer of Sony Corp., remains chairman of Sony USA.Mr. Morita will continue as deputy president of Sony Corp. and chairman and chief executive officer of Sony Corp. of America.

Mr. Schulhof will continue to serve on the boards of directors of Sony Corp. of America, CBS Records Inc. and Columbia Pictures Entertainment, as well as on the board of of Sony Corp.