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News - Former Microsoft exec Peggy Johnson signs on as Magic Leap CEO

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Former Microsoft exec Peggy Johnson signs on as Magic Leap CEO

<div style="margin: 5px 5% 10px 5%;"><img src="https://www.sickgaming.net/blog/wp-content/uploads/2020/07/former-microsoft-exec-peggy-johnson-signs-on-as-magic-leap-ceo.jpg" width="400" height="400" title="" alt="" /></div><div><p><strong>Newsbrief:</strong> Magic Leap has brought ex-Microsoft executive Peggy Johnson as the company’s new CEO, filling a vacancy left by co-founder Rony Abovitz’s departure from the chief exec seat in May.</p>
<p>Johnson, who previously served as Microsoft’s EVP of business development, is set to officially assume the CEO role on August 1 to, according to a press release, “accelerate Magic Leap’s growth and bring transformative enterprise solutions to market.”</p>
<p>She joins the company at a complicated time, having signed on just months after Magic Leap <a href="https://gamasutra.com/view/news/361606/Magic_Leap_lays_off_staff_in_bid_to_adapt_to_new_market_realities.php">laid off around 1,000 employees</a> in a bid to help it “adapt to new market realities.” Shortly after, the company <a href="https://gamasutra.com/view/news/363486/Magic_Leap_withdraws_conditional_layoff_notices_after_raising_350_million.php">secured $350 million</a> in funding to stave off further layoffs as it continues to push toward a more enterprise-focused AR strategy.&nbsp;</p>
<p>“As CEO, I look forward to strategically building enduring relationships that connect Magic Leap’s game-changing technology and pipeline to the wide-ranging digital needs of enterprises of all sizes and industries,” reads a statement from Johnson.<br /> &nbsp;</p>
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https://www.sickgaming.net/blog/2020/07/...-leap-ceo/
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