A new report from IGN reveals that Microsoft's gaming division and Xbox are going through a major leadership shake-up. Phil Spencer will retire this coming Monday, February 23, 2026, after first joining Microsoft all the way back in 1988 as an intern. He's not the only one departing: Sarah Bond, current president of Xbox at Microsoft, is now the former president of Xbox at Microsoft, as she will resign from her role. Lastly, Microsoft's current president of its CoreAI division, Asha Sharma, will take Spencer's place as the new chief executive officer of Microsoft Gaming. Back in July 2025, we […]
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