In a move that has sent shockwaves through the gaming world, Microsoft announced today that the two most recognizable faces of Xbox are moving on. After nearly four decades at the company, Phil Spencer is retiring as CEO of Microsoft Gaming, and in a surprising double-whammy, Xbox President Sarah Bond is also departing.

The keys to the green kingdom have been handed to Asha Sharma, a former Instacart and Meta executive who most recently led Microsoft’s CoreAI division.

Here’s a breakdown of the massive leadership shift and what it means for the future of your console.