Nadella Unveils Xbox Leadership Shakeup, Elevates Sharma to Run Microsoft Gaming

Microsoft Gaming is undergoing a major leadership restructuring: Phil Spencer and Sarah Bond are leaving, with Asha Sharma named Executive Vice President and CEO, Microsoft Gaming, and Matt Booty becoming Chief Content Officer. Spencer will retire in 2025 but will assist the transition through 2026; Sharma, former President of Microsoft CoreAI, brings platform-building and scale experience, while Booty will oversee content across nearly 40 studios. Nadella praised Spencer's impact and stressed Microsoft's ongoing commitment to gaming, signaling a next era of growth and innovation for Xbox.