Xbox chief Phil Spencer is leaving Microsoft

Published: 3 days ago (February 20, 2026 at 03:30 PM EST)

1 min read

Source: The Verge

Announcement

Microsoft CEO Satya Nadella announced Phil Spencer’s retirement in a memo to all Microsoft employees.

“Last year, Phil Spencer made the decision to retire from the company, and since then we’ve been talking about succession planning,” says Nadella. “I want to thank Phil for his extraordinary leadership and partnership…”

Leadership Changes

Phil Spencer – Xbox chief, leaving Microsoft after nearly 40 years.
Sarah Bond – Xbox president, also departing.
Asha Sharma – Currently president of CoreAI product, will become CEO of Microsoft Gaming.

Read the full story at The Verge.

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