informa
/
Extended Reality
News

Former Microsoft exec Peggy Johnson signs on as Magic Leap CEO

Magic Leap has brought an ex-Microsoft exec in to fill the vacant CEO role following Rony Abovitz’s departure from the seat in May. 

Newsbrief: 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.

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.”

She joins the company at a complicated time, having signed on just months after Magic Leap laid off around 1,000 employees in a bid to help it “adapt to new market realities.” Shortly after, the company secured $350 million in funding to stave off further layoffs as it continues to push toward a more enterprise-focused AR strategy. 

“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.
 

Latest Jobs

Sucker Punch Productions

Bellevue, Washington
08.27.21
Combat Designer

Xbox Graphics

Redmond, Washington
08.27.21
Senior Software Engineer: GPU Compilers

Insomniac Games

Burbank, California
08.27.21
Systems Designer

Deep Silver Volition

Champaign, Illinois
08.27.21
Senior Environment Artist
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more