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Phil Spencer retires as ex-Instacart COO takes top job at Microsoft Gaming

February 21, 2026
in Mobile
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Microsoft govt VP of gaming Phil Spencer is retiring after 38 years with the agency and 12 years main its video games division.
Spencer stepped into the highest job following the departure of Don Mattrick. In his time, he’s spearheaded the corporate’s acquisition spree and launch of its Recreation Go subscription service. He’ll stay on the agency in an advisory position by way of the summer time.
The tech large has appointed former Instacart COO and Meta VP Asha Sharma because the EVP and CEO of Microsoft Gaming in his place. Sharma has spent the final two years because the president of Microsoft’s CoreAI product.
Additionally out on the firm is Xbox president and COO Sarah Bond, who leaves the position after two-and-a-half years and practically 9 years working with Xbox in whole. No official cause was offered for her departure.
Rounding out the manager management adjustments, president for recreation content material and studios Matt Booty has been promoted to the position of EVP and chief content material officer for Microsoft Gaming.
Govt shakeup
“Collectively, Asha and Matt have the appropriate mixture of client product management and gaming depth to push our platform innovation and content material pipeline ahead,” stated Microsoft CEO Satya Nadella.
“Final yr, Phil Spencer made the choice to retire from the corporate, and since then we’ve been speaking about succession planning. I wish to thank Phil for his extraordinary management and partnership. Over 38 years at Microsoft, together with 12 years main Gaming, Phil helped remodel what we do and the way we do it.”
He added: “We’ve got extraordinary artistic expertise throughout our studios and a worldwide platform that’s second to none. I’m excited for the way we’ll seize the chance forward and outline what comes subsequent, whereas staying grounded in what gamers and creators worth.”
Spencer commented: “Right this moment marks an thrilling new chapter for Microsoft Gaming as Asha Sharma steps into the position of CEO, and I wish to be the primary to welcome her to this unbelievable crew. Working together with her over the previous a number of months has given me large confidence. She brings real curiosity, readability and a deep dedication to understanding gamers, creators, and the choices that form our future. We all know this is a crucial second for our followers, companions, and crew, and we’re dedicated to getting it proper. I’ll stay in an advisory position by way of the summer time to help a easy handoff.”
“New enterprise fashions”
Sharma said: “We’re witnessing the reinvention of play.
“To satisfy the second, we’ll invent new enterprise fashions and new methods to play by leaning into what we have already got: iconic groups, characters, and worlds that individuals love. However we is not going to deal with these worlds as static IP to exploit and monetise. We’ll construct a shared platform and instruments that empower builders and gamers to create and share their very own tales.
“As monetisation and AI evolve and affect this future, we is not going to chase short-term effectivity or flood our ecosystem with soulless AI slop. Video games are and all the time will likely be artwork, crafted by people, and created with essentially the most revolutionary know-how offered by us.
“The subsequent 25 years belong to the groups who dare to construct one thing stunning, one thing nobody else is prepared to attempt, and have the endurance to see it by way of. We’ve got achieved this earlier than, and I’m right here to assist us do it once more. I wish to return to the renegade spirit that constructed Xbox within the first place. It is going to require us to relentlessly query all the pieces, revisit processes, defend what works, and be courageous sufficient to vary what doesn’t.”



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Tags: Artificial intelligenceAsha SharmaCooexInstacartGamingJobJobsMicrosoftPhilPhil SpencerretiresSpencerTakesTopXbox
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