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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[–] IWantToFuckSpez@kbin.social 34 points 1 year ago (3 children)

He did what he was hired to. Take the company public, turn the founders into billionaires and become the scapegoat when things go south.

[–] LanternEverywhere@kbin.social 17 points 1 year ago* (last edited 1 year ago) (2 children)

Unless there's something I'm not aware of (which is very possible), what you said doesn't make sense. The company was already publicly traded (so no IPO to pump up the numbers for), and none of the recent moves he made increased the stock price.

[–] foips@lemmy.world 10 points 1 year ago

JR joined many years before it went public

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