Magic Leap announced the appointment of Peggy Johnson, a veteran tech executive and Executive Vice President of Business Development at Microsoft, as its new Chief Executive Officer, effective August 1, 2020. In her new role, Ms. Johnson will draw on more than 30 years of experience at the highest levels of technology and business to accelerate Magic Leap’s growth and bring transformative enterprise solutions to market.
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In addition to her technical background as an electrical engineer, Ms. Johnson brings to Magic Leap a proven track record of leading and growing businesses, building strategic partnerships and executing successful transactions. In her recent role at Microsoft, Ms. Johnson oversaw the development, collaboration, and growth of Microsoft’s relationships with external partners and enterprises of all sizes around the world. She also led Microsoft’s corporate venture fund, M12, where she identified compelling strategic investment opportunities and worked closely with companies to unlock value and drive growth.
“Since its founding in 2011, Magic Leap has pioneered the field of spatial computing, and I have long admired the relentless efforts and accomplishments of this exceptional team. Magic Leap’s technological foundation is undeniable, and there is no question that has the potential to shape the future of XR and computing,” said Ms. Johnson.
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“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,” explained Ms. Johnson. “It is with great pride and sincere appreciation to the Magic Leap Board, Rony and the entire team, as well as to Satya Nadella at Microsoft, that I assume the role of leading this visionary business into the future.”
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