Microsoft has appointed AI executive Asha Sharma to lead its Xbox business, ending a shift away from consoles towards mobile and PC gaming. Sharma takes over from retiring Phil Spencer, who will step down after running the company’s gaming division since 2014. As part of the change, Xbox President Sarah Bond is leaving, and games studios chief Matt Booty will become the new chief content officer, reporting directly to Sharma.
Source: https://www.bloomberg.com/news/articles/2026-02-20/microsoft-names-ai-exec-sharma-to-run-xbox-recommits-to-console