Sarah Bond, the president of COO and Xbox, is leaving the organization, along with CEO of Microsoft Gaming Phil Spencer. Her departure is being announced at the same time as Spencer's, with Asha Sharma moving into the EVP and CEO of Gaming role and Matt Booty being promoted to EVP and chief content officer.
Microsoft is making the changes as it is undergoing some dramatic shifts to its Xbox plans, including bringing Windows and Xbox closer together to empower devices like the Xbox Ally handheld instead of relying entirely on first-party Xbox hardware. The company is also navigating increased pressures on the Xbox business, major layoffs, an …
