Sarah Bond is leaving Xbox

Sarah Bond during the May 2024 Bloomberg Technology Summit. | Photo: Bloomberg via Getty Images

Sarah Bond, the president and COO of 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...