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Microsoft gaming chief Phil Spencer retires, replaced by ex-Instacart exec Asha Sharma
Asha Sharma takes over as CEO amid Microsoft Gaming's 10% revenue decline and strategic leadership reshuffle including Matt Booty's promotion and Sarah Bond's departure.
- On Friday, Asha Sharma will become Executive Vice President and CEO of Microsoft Gaming, replacing Spencer after nearly 40 years, and she said, `Today I begin my role as CEO of Microsoft Gaming.`
- Amid declines in gaming revenue, Microsoft last year initiated succession talks after Spencer told Nadella he was thinking of stepping back.
- As part of the shake-up, Xbox president Sarah Bond will leave, Matt Booty is promoted to Executive Vice President and Chief Content Officer, and Spencer remains advisory through the summer.
- In a message to staff, Sharma wrote, `We will recommit to our core Xbox fans and players, those who have invested with us for the past 25 years, and to the developers who build the expansive universes and experiences that are embraced by players across the world.` Nadella said, `'Together, Asha and Matt have the right combination of consumer product leadership and gaming depth to push our platform innovation and content pipeline forward.'
- The change follows major strategic bets, including the $75 billion Activision Blizzard acquisition, as Spencer nearly tripled Microsoft's gaming business and led the Mojang takeover.
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20 Articles
Xbox head Phil Spencer is leaving Microsoft
Phil Spencer, CEO of Microsoft Gaming, is retiring, Satya Nadella has announced. Asha Sharma, the President of Microsoft's CoreAI division is taking over Spencer's role, while Sarah Bond, the current President of Xbox, is resigning."I am long on gaming and its role at the center of our consumer ambition, and as we look ahead, I’m excited to share that Asha Sharma will become Executive Vice President and CEO, Microsoft Gaming, reporting to me," N…
Xbox boss Phil Spencer retiring, Microsoft AI exec replacing him
In a shocking turn of events, there has been a major executive turnover at Xbox, which will see both Microsoft Gaming CEO Phil Spencer and his heir apparent, Xbox president Sarah Bond, exit the company. In Spencer's place, CoreAI president Asha Sharma steps in, according to a report from IGN.
Phil Spencer, head of Xbox and Microsoft Gaming CEO, is leaving Microsoft. Xbox president Sarah Bond is also leaving Microsoft.
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