Microsoft Game Studios revealed to GamesIndustry.biz that Shane Kim, formerly corporate vice-president of the studio, will be assuming the newly-created corporate VP of strategy and business development for Microsoft's Interactive Entertainment Business.

"I'll be leaving my position as the leader of Microsoft Game Studios to run strategy and business development for the overall Interactive Entertainment business," Kim said. Kim will continue to report to Don Mattrick, senior VP of Microsoft's Interactive Entertainment Business in the Entertainment and Devices Division of MGS.

Kim then announced Phil Spencer, who previously headed the Europe division of MGS, as his successor. Kim praised Spencer, who "has been a longtime member of Microsoft Game Studios and has worked very closely with me since I assumed leadership."

Kim believes Spencer's succession will be an asset to the company due to Spencer's reputation as "well-known and well-respected" at MGS.

Also departing is Jeff Bell, formerly corporate VP of global marketing, who will be pursuing new opportunities.