this post was submitted on 09 Oct 2023
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237
John Riccitiello is stepping down as CEO and president of Unity (investors.unity.com)
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
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SAN FRANCISCO--(BUSINESS WIRE)-- Unity (NYSE: U) (the “Company”), the world’s leading platform for creating and growing real-time 3D (RT3D) content, today announced that John Riccitiello will retire as President, Chief Executive Officer, Chairman and a member of the Company’s Board of Directors, effective immediately. James M. Whitehurst has been appointed Interim Chief Executive Officer, President and a member of the Board. Roelof Botha, Lead Independent Director of the Unity Board, has been appointed Chairman. Mr. Riccitiello will continue to advise Unity to ensure a smooth transition.

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[–] [email protected] 12 points 1 year ago

Every time this happens the CEO walks away incredibly wealthy for their actions and they are replaced by someone who wants to do all the stupid terrible shit faster and harder. I don't consider this good news.