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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] 7 points 1 year ago

This fuckhead reminds me a lot of Phil Harrison, or several other high profile execs. They go around, middling performance and wordsmithing to do fundraising rounds. By all metrics they don't do anything noteworthy except they get to be the one who lands in leadership roles at established companies, they siphon some salary and stock options for a while and hold lots of unproductive meetings internally while doing some hand wavey shit.

Zero accountability, pipedream visions that don't materialize, and then they leave to go fuck something else up.