Microsoft Ushers in a New Era of Xbox Under Incoming CEO Asha Sharma
By Joyce Li
Published on March 2, 2026.
Microsoft has announced the departure of longtime Xbox CEO Phil Spencer and President Sarah Bond, with Asha Sharma taking over as CEO. Despite concerns over an AI-driven pivot, Sharma vows to return to Xbox's original renegade spirit and remain in an advisory role until summer. This follows a period of high-profile studio closures and job cuts. Additionally, Matt Booty has been promoted as Chief Content Officer. The transition is currently underway, with Spencer's tenure as CEO spanning 25 years.
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