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Microsoft leader Peggy Johnson is departing and will become the new chief executive officer at the world’s most innovative augmented reality start-up Magic Leap.
Johnson joined Microsoft in 2014 as executive vice president of business development. She led deals such as the blockbuster LinkedIn acquisition and launched Microsoft’s venture fund. Johnson previously spent 24 years at Qualcomm and is a board member at BlackRock.
Now she’ll be in charge at Magic Leap, the innovative and well-funded start-up headquartered in Plantation, Florida, Johnson’s last day at Microsoft is Tuesday, and she will start at Magic Leap on Aug. 1.
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