• Console Business PC Cloud News Phil Spencer retiring from Xbox, will be replaced by CoreAI boss Xbox president Sarah Bond is also exiting the company. • February 20, 2026 Multipleoutlets arecurrently reportingthat Microsoft Gaming CEO Phil Spencer is retiring from Microsoft. • Additionally, president Sarah Bond is resigning from the company. • Executive Asha Sharma is apparently set to replace Spencer. • Sharma is currently the President of Microsoft CoreAI. • Xbox Game Studios head Matt Booty has reportedly been promoted to chief content officer.

Article Summaries:

  • Microsoft Gaming CEO Phil Spencer has announced his retirement, effective late 2025, and will be succeeded by Asha Sharma, the current President of Microsoft CoreAI. President Sarah Bond is also resigning, while Xbox Game Studios head Matt Booty has been promoted to chief content officer. The transition was revealed through an internal email chain that was posted publicly on Bluesky, containing letters from Spencer, Sharma, and CEO Satya Nadella. Spencer thanked Nadella and praised Bond, while Sharma outlined a vision focused on “great games,” a “return of Xbox,” and a future of play that limits “AI slop.” Microsoft has not yet responded to the leak.

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