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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] 2 points 1 year ago (1 children)

The craziest thing to me about this whole situation is how Unity even came into being.

Ok, how?

Are you saying it's "crazy" that something was created to fill the massive hole in the market that you described, or...?

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

Yeah... it's crazy because it was created specifically as a way to take advantage of how completely arrogant Epic was licensing their trash fire game engine for $1,000,000... and now they did something in the exact same sort of vein of arrogance.