Phil Spencer Retires, Asha Sharma Appointed as New Xbox CEO
Microsoft has officially announced major leadership changes within its gaming division. Phil Spencer, who led Xbox for over 10 years and worked at Microsoft for nearly 40 years, has announced the end of his career. He will be succeeded by Asha Sharma, who previously headed the company's AI division.
Phil Spencer will officially step down on February 23, 2026, but will remain in an advisory role until the end of the summer to ensure a smooth transition. What happens to Xbox after that remains unknown.