When I walked through the doors of Microsoft as an intern in June 1988, I could never have imagined the products I would help build, the players and customers we would serve, or the extraordinary teams I would be lucky enough to join. It was an epic ride and truly the privilege of a lifetime.
Last fall I shared with Satya that I was thinking about stepping down and starting the next chapter in my life. From that moment on, we agreed to approach this transition with purpose, ensuring stability and strengthening the foundations we had built. Xbox has always been more than just a business. It’s a vibrant community of players, creators, and teams who care deeply about what and how we build it. And that deserves a thoughtful, thoughtful plan for the journey ahead.
Today marks an exciting new chapter for Microsoft Gaming as Asha Sharma steps into the role of CEO, and I want to be the first to welcome her to this incredible team. Working with her over the past few months has given me a huge confidence boost. He brings genuine curiosity, clarity and a deep commitment to understanding the players, creators and decisions that shape our future. We know this is an important moment for our fans, partners and team, and we’re committed to making it right. I will remain in an advisory role over the summer to support a smooth handover.
I am also grateful for the strength of the organization of our studies. Matt Booty and our studio teams continue to build an incredible portfolio, and I have full confidence in the leadership and creative momentum across our global studios. I want to congratulate Matt on his promotion to EVP and Chief Content Officer.
As part of this transition, Sarah Bond has decided to leave Microsoft and start a new chapter. Sarah has been instrumental during a defining period for Xbox, shaping our platform strategy, expanding Game Pass and cloud gaming, supporting new hardware launches and leading some of the most significant moments in our history. I am grateful for her partnership and the impact she has had, and I wish her the best in what comes next.
Most of all, I want to say “thank you” to everyone at Microsoft Gaming. I’ve learned so much from this team and community, I’ve grown with you, and I’m constantly inspired by the creativity, courage, and care you bring to players, creators, and each other every day.
I’m incredibly proud of what we’ve built together over the past 25 years, and I have complete confidence in all of you and the opportunities that lie ahead. In this next chapter, I’ll be rooting for you as the proudest Xbox fan and gamer.
Phil
XBL:P3