Xbox vice president for strategy and business development Shane Kim is retiring from Microsoft after 19 years in service. He will formally step down at the end of this year.
With Kim leaving, Phil Spencer and Dennis Durkin will be promoted. Spencer is being promoted from general manager to vice president of Microsoft Game Studios and will continue overseeing the first party titles of the company. Chief Financial Officer of Interactive Entertainment Business Dennis Durkin on the other hand will be promoted to COO. He will be responsible for driving overall IEB business, handling things like SKU pricing and business development.
According to a Microsoft representative, he is not immediately taking a position with another company:
He expressed a desire to spend more time with family, so that's why he's making his retirement