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Unity CEO John Riccitiello is retiring, effective immediately (arstechnica.com)

submitted 11 months ago by fart_pickle to c/technology

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John Riccitiello, CEO of Unity, the company whose 3D game engine had recently seen backlash from developers over proposed fee structures, will retire as CEO, president, and board chairman at the company, according to a press release issued late on a Monday afternoon, one many observe as a holiday.

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[–] knotthatone 19 points 11 months ago

He didn't fail. He did what the board asked of him which proved to be more unpopular than they all had expected. So they gave him an obscenely generous severance package and sent him on his merry way.

He's been rewarded and they're just trying to position it so it looks like the company leadership gives a shit and won't try the exact same thing at a later date.