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Microsoft vet Johnson is Magic Leap's new CEO

Microsoft vet Johnson is Magic Leap's new CEO

Microsoft alum Peggy Johnson (pictured) has joined AR company Magic Leap as its new chief executive officer.

Johnson served as EVP of the Big M's business development arm starting in 2014 having previously worked as EVP of global market development for chipmaker Qualcomm for 25 years. She's also a member of the board for investment firm BlackRock.

This follows Rony Abovitz stepping down as CEO of Magic Leap in May of this year. It came in the wake of the company laying off staff at "every level" in April 2020, coming shortly after the previous wave of redundancies, which was made in December 2019.

In May, Magic Leap apparently raised $350m in funding.

“I chose this,” Johnson told the New York Times.

“It really says something that, at this point in time, I would leave Microsoft to go to this space, because Microsoft is doing quite well.”

 


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Editor - PC Games Insider

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he was hired to launch PCGamesInsider.biz for Steel Media before departing the firm in October 2019.

He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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