Microsoft Gaming on a New Chapter: Spencer Retires, Sharma to Lead, Bond Exits
Microsoft Gaming is set for a major leadership shift as Phil Spencer announces his retirement after 38 years with the company. In an internal message titled “A new chapter for Microsoft Gaming,” Spencer shared that he decided to retire last fall and will help steer a smooth transition in the months ahead. He stresses that Xbox is more than a business—it's a vibrant community of players, creators, and teams—and deserves a careful, deliberate plan for what comes next.
In his note, Spencer welcomes Asha Sharma to the top role, naming her as the new CEO of Microsoft Gaming. Over the past months, Sharma has demonstrated curiosity, clarity, and a strong commitment to understanding players and creators, and Spencer expresses confidence in her ability to guide the division forward. He adds that he will stay on in an advisory capacity through the summer to ensure a seamless handoff.
What’s changing, and who’s moving up
- Matt Booty will take on a broader leadership mantle, promoted to EVP and Chief Content Officer. Spencer praises the studios organization for its ongoing momentum and creative output.
- Sarah Bond will depart Microsoft, marking the end of a defining era for Xbox. Spencer highlights Bond’s role in shaping platform strategy, expanding Game Pass and cloud gaming, and supporting key hardware launches, while wishing her well in future endeavors.
- The transition at the top is framed as a moment of continuity for Xbox and Microsoft Gaming, with Sharma stepping into a role that will report directly to Microsoft CEO Satya Nadella.
A long view from the Xbox teams
Spencer closes by thanking every member of Microsoft Gaming for their creativity, courage, and care toward players, creators, and colleagues. He emphasizes pride in what the team has built over the past 25 years and expresses unwavering confidence in what lies ahead. He will remain among the fiercest supporters of Xbox as a devoted fan and player, even as new leadership takes the stage.
“I’ve learned so much from this team and community,” Spencer writes, underscoring his commitment to a thoughtful transition that preserves the studio network, creative momentum, and the customer-focused culture that has defined Xbox.
Tom Warren