Joystiq reports that Chairman and group CEO for Sony Computer Entertainment Ken Kutaragi is retiring as of June 19th. The Sony reshuffling of executives late last year left Mr. Kutaragi out of the PS3 nitty-gritty, and one could imagine led to his decision to leave the organization. From SCEI's official statement: "[Mr. Kutaragi] stated that, in the six months since the appointment of Kazuo Hirai as President in December, the new generation of management, led by Mr. Hirai, has continued to develop. With the March introduction of PS3 in Europe completing the successful launch of PS3 worldwide, Mr. Kutaragi has identified SCE's Annual Shareholders' meeting in June as the ideal timing to pass on the torch to the new generation of management. Mr. Kutaragi will now apply his extensive technological knowledge and leadership skills to take on new challenges beyond the world of PlayStation."