Microsoft (MSFT) Gaming CEO Phil Spencer will retire from the company, effective Monday, February 23, while Xbox president Sarah Bond, long viewed as Spencer’s heir apparent, has also resigned, IGN’s Ryan McCaffrey reports, citing sources familiar with the matter. Asha Sharma, currently president of Microsoft’s CoreAI, will become the new head of Microsoft Gaming, while Xbox Game Studios boss Matt Booty will be promoted to chief content officer, working closely with Sharma, the author says. “I want to thank Phil for his extraordinary leadership and partnership,” Microsoft CEO Satya Nadella said in an email sent to Microsoft staff. “Over 38 years at Microsoft, including 12 years leading Gaming, Phil helped transform what we do and how we do it.”
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