Xbox CEO Asha Sharma to appoint new leaders to reverse gaming revenue decline

Four of the new leaders being appointed come from the Microsoft CoreAI engineering group where Sharma previously worked.

Xbox is preparing to change up its leadership as new boss and CEO Asha Sharma continues to attempt to pull Microsoft’s gaming unit out of its revenue decline. This change-up will see multiple leaders from Sharma’s previous CoreAI engineering unit join the Xbox team.

The change in leadership at Xbox was reportedly announced by Asha Sharma in a memo obtained by CNBC. According to the memo, Jared Palmer (CoreAI VP of product), Tim Allen (CoreAI VP of design), Jonathan McKay (former OpenAI ChatGPT head of growth), Evan Chaki (former CoreAI general manager), and David Schloss (Instacart senior director of product and growth) will join the Xbox unit.

As the above executives round out Xbox’s leadership of growth, subscription services, design, engineering, and cloud business, so too are several people leading. Kevin Gammill (VP of Xbox user experience and game development) is leaving the company. Meanwhile, Roanne Sones (VP of Xbox devices and ecosystem) will take a leave of absence and return as an advisor.

Sharma is pushing hard to reverse Xbox’s bad fortune after Microsoft (MSFT) reported an Xbox revenue decline for the fourth time in six quarters. “We need to evolve how we work and how we are organized across our platform,” Sharma wrote in her memo. “Right now, it is too hard to ship impact quickly. We spend too much time inward instead of with the community, and we lack the depth we need in some of the fundamentals.”

With such a major change in leadership and many of her previous CoreAI co-workers now joining her at Xbox, it will be interesting to see if Sharma’s team can turn it around. Stay tuned to the Xbox topic for updates.

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