Unity CEO Stepping Down After Major Controversy
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Unity Technologies has announced that John Riccitiello, the president, CEO, and chairman of the game engine firm, has stepped down from most of his duties effective immediately. His step-down comes not long after Unity made controversial pricing changes that upset many game developers. Unity later walked back some of the changes.
Riccitiello, the former CEO of Electronic Arts, will be replaced by James M. Whitehurst, who steps in as interim CEO. Unity is now conducting a “comprehensive search” to find a permanent CEO to lead the company into the future. Whitehurst is the former president of IBM.
Riccitiello become Unity’s CEO in 2014. The company went public with an IPO in 2020, and since then, the company’s share price has cratered. He will stay aboard in an advisory role for the time being during the transition process.
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