Sarah Bond is also leaving Microsoft, marking a significant change in Xbox and Microsoft’s gaming leadership. Asha Sharma, now president of CoreAI product, will succeed Phil Spencer as CEO of Microsoft Gaming.
Satya Nadella, Microsoft’s CEO, announced Spencer’s retirement, highlighting Spencer’s strategic contributions over his 38 years at Microsoft, particularly his 12 years leading Gaming.
Sharma will replace Spencer and has been involved with Microsoft’s AI platform since her return in 2024. Spencer will support the transition until summer. Despite not being a gamer like Spencer, Sharma’s consumer experience is expected to benefit Microsoft Gaming. She held roles at Meta and Instacart before returning to Microsoft.
Nadella praised Sharma’s platform-building expertise and global business model experience, which is vital for leading Microsoft’s gaming into its future growth phase.
Sharma commits to focusing on great games, Xbox’s return, and the future of play. There’s a renewed focus on Xbox’s core fans, developers, and celebrating its console legacy.
In a note to employees, Spencer explained his decision to retire and praised Xbox as a vibrant community deserving of a thoughtful future plan.
Bond’s departure is part of Xbox’s future planning, with or Spencer acknowledging her significant contributions during a pivotal period for Xbox, including expansions and new launches.
Matt Booty is promoted to EVP and chief content officer, acknowledging Spencer’s foundational support in an internal memo.
Spencer has been pivotal in Microsoft’s gaming growth, including leading major acquisitions. Reflecting on his career, Spencer calls it an “epic ride.”