this post was submitted on 09 Oct 2023
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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] 18 points 1 year ago (2 children)

Guys he didn’t need any severance. Dude was already loaded with shares. He’s sold 421 million USD worth of shares over the past few years.

[–] [email protected] 27 points 1 year ago (2 children)

No one's saying he needed it. But knowing how corporations work it's quite likely he got a nice payout.

[–] [email protected] 6 points 1 year ago

I understand. I guess I’m more so pointing out a number that we have already.

[–] [email protected] 6 points 1 year ago

Paraphrasing from Money Never Sleeps:

What's your number? The amount of money you would need to just walk away from it and live. See, I find that everybody has a number, and it's usually an exact number. So what is yours?

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