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Read Phil Spencer’s full Microsoft memo on the new Xbox leadership changes

Image: Laura Normand / The Verge

Microsoft announced some big changes to its Xbox and marketing leadership today. Sarah Bond is being promoted to Xbox president, leading all Xbox platform and hardware work. Matt Booty is now the president of game content and studios, including overseeing Bethesda and ZeniMax studios.

Microsoft Gaming CEO Phil Spencer sent an internal memo to Xbox employees today, detailing all the key changes. The Verge has obtained Spencer’s memo, and you can read it in full below:

It’s been a whirlwind two weeks since we closed our deal with ABK, an acquisition that will materially impact our current and future success. Since then, I’ve been on tour, visiting the teams. It’s been awesome to see the ambition of the games they’re making, the depth of…

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