• Console Business PC Cloud News Report: 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 is set to retire, with Microsoft CoreAI President Asha Sharma slated to replace him. President Sarah Bond is also resigning. Xbox Game Studios head Matt Booty has reportedly been promoted to chief content officer. The succession plan emerged from an internal email leaked to employees, later posted on Bluesky by user Wario64. Spencer’s note to CEO Satya Nadella confirmed his departure in late 2025 and praised Bond’s role. Sharma outlined a strategy focused on “great games,” “the return of Xbox,” and “the future of play,” emphasizing human‑crafted titles over AI‑generated content. Microsoft has not yet commented.
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