Microsoft just named Asha Sharma as its new Xbox CEO. Read the memos.

Microsoft Gaming CEO Phil Spencer is retiring, according to an email to employees. Microsoft executive Asha Sharma will become the new executive vice president and CEO of Microsoft Gaming, reporting directly to Nadella. "Over 38 years at Microsoft, including 12 years leading Gaming, Phil helped transform what we do and how we do it," Microsoft CEO Satya Nadella wrote in the email."He expanded our reach across PC, mobile, and cloud; nearly tripled the size of the business; helped shape our strategy through t ...