Microsoft Gaming Announces New CEO Asha Sharma
Asha Sharma’s New Role: Microsoft has appointed Asha Sharma, an executive of Indian heritage, as the latest Executive Vice President and CEO of its gaming division. This significant leadership transition comes as Phil Spencer, who has dedicated 38 years to Microsoft Gaming, steps down.
In conjunction with this change, President Sarah Bond will also depart. Meanwhile, Matt Booty, currently the head of Xbox Game Studios, will ascend to the role of Chief Content Officer, reporting directly to Sharma.
Asha Sharma embarks on her new position amidst formidable challenges, including escalating operational costs driven by tariffs, fierce competition in the gaming sector, and fluctuating consumer expenditures.
The company has already implemented price hikes for Xbox hardware. In this pivotal role, Sharma will communicate directly with Satya Nadella, Microsoft’s chairman and CEO.
Asha Sharma: A Profile of the New Microsoft Gaming CEO
Asha Sharma, a 36-year-old trailblazer of Indian descent, now joins the ranks of prominent C-suite executives from India. Prior to this appointment, she spearheaded product development for Microsoft’s Core AI Product division.
A graduate of the University of Minnesota’s Carlson School of Management, Sharma brings nearly 15 years of extensive experience in technology, product innovation, and operational leadership, as noted in her LinkedIn profile.
Beginning her career at Microsoft in 2011 with a focus on marketing, she soon transitioned to Porch Group as Chief Operating Officer (COO). There, she played a crucial role in the company’s growth and its eventual $1 billion public offering.
Throughout her tenure, she oversaw product development, engineering, sales, marketing, and operations, also fulfilling the responsibilities of Chief Marketing Officer and serving on the board from 2015 to 2022.
In 2017, Sharma advanced to Meta as Vice President of Product and Engineering, leading initiatives for Messenger and Instagram Direct, while also managing general operations for video and childhood-focused experiences.
She later joined Instacart as Chief Operating Officer, where she was instrumental in steering the company toward its IPO and subsequent profitability.
In 2024, Sharma returned to Microsoft as President of Core AI Product, overseeing a vast product portfolio that included AI models, applications, responsible AI, and development tools. Her experience extends beyond Microsoft; she currently serves on the boards of The Home Depot and Coupang.
Asha Sharma’s Estimated Net Worth
Current media reports suggest that Asha Sharma’s net worth ranges between $50 and $60 million. This wealth is largely attributed to her high-ranking executive roles, equity holdings in leading corporations, and board memberships at firms including The Home Depot and Coupang.
Nonetheless, no officially confirmed figures regarding her precise net worth are available in public records.
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