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flag Phil Spencer retires after 38 years at Microsoft, succeeded by Asha Sharma as CEO of Microsoft Gaming.

flag Phil Spencer is retiring after 38 years at Microsoft, stepping down as CEO of Microsoft Gaming following a 12-year tenure leading Xbox. flag He will be succeeded by Asha Sharma, former COO of Instacart and president of Microsoft’s CoreAI division, who becomes the new CEO of Microsoft Gaming. flag Sarah Bond is leaving her role as Xbox president, and Matt Booty has been promoted to chief content officer. flag The leadership changes come as Microsoft continues to prioritize cloud gaming, artificial intelligence, and its growing Game Pass ecosystem, with Sharma emphasizing innovation and cross-platform expansion. flag Spencer will remain in an advisory role through summer.

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