"I’ve had the privilege of spending time with Asha over the last few weeks as we’ve planned for this transition"

Phil Spencer and Sarah Bond are out.

After over 20 years at Xbox, Phil Spencer, the face of the brand for more than a decade, has announced he’s retiring from the company. Sarah Bond, the president at Xbox, is also out and Asha Sharma, the president of Microsoft’s CoreAI product, is taking over as CEO of Microsoft Gaming.