Microsoft gaming chief Phil Spencer steps down after 38 years with company
Summary
Microsoft announced that Phil Spencer will retire after 38 years with the company, with Asha Sharma taking over as EVP and CEO of Microsoft Gaming. The leadership shake-up also includes the resignation of Xbox President Sarah Bond and a promotion for Matt Booty, signaling a shift toward Sharma's strategy of reinvigorating Xbox across consoles, PC, mobile, and cloud, while incorporating AI-aware monetization. Spencer will remain in an advisory role through the summer to aid the transition and knowledge transfer.