Major Xbox Leadership Shakeup: Phil Spencer Retires, Sarah Bond Departs, Asha Sharma Named New Microsoft Gaming CEO in 2026
Major Xbox Leadership Shakeup: Phil Spencer Retires, Sarah Bond Leaves, and Asha Sharma Becomes New Microsoft Gaming CEO Breaking gaming news: Microsoft announces a historic transition as Asha Sharma takes the helm at Xbox, promising a renewed focus on consoles and human-crafted games. Phil Spencer (left) hands over the reins to Asha Sharma (right) in a landmark shift for Xbox. Source: VideoCardz In a stunning announcement that's sending shockwaves through the gaming world, Microsoft revealed on February 20, 2026, that longtime Xbox chief Phil Spencer is retiring after nearly four decades with the company. Xbox President Sarah Bond is also departing, while Asha Sharma , a rising star from Microsoft's AI division, steps in as the new EVP and CEO of Microsoft Gaming. Phil Spencer, who has been the face of Xbox for over a decade, helped navigate the brand through massive acquisitions like Activision Blizzard and the growth of Game Pass. His retirement marks...