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John Riccitiello steps down as unity CEO with former Red Hat chief exec Jim Whitehurst taking over for now
October 11, 2023

John Riccitiello steps down as unity CEO with former Red Hat chief exec Jim Whitehurst taking over for now

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Weeks after upsetting developers with a proposed runtime fee, only to quickly backtrack on the idea, Unity announced today that CEO John Riccitiello was stepping down from his multiple roles as president, CEO and board chair, going from having a ton of responsibility to having a lot of time on his hands.

In a surprise move, the company turned to a seasoned enterprise executive, announcing that former Red Hat CEO Jim Whitehurst would be taking over the role for now. Whitehurst is a placeholder while the company searches for a permanent replacement, according to the company. Roelof Botha, who is the lead independent board member, will take over as board chair for the time being.

‘With the Company’s experienced leadership and passionate employees, I am confident that Unity is well-positioned to continue enhancing its platform, strengthening its community of customers, developers and partners, and focusing on its growth and profitability goals. I look forward to working closely with the Board and our talented global team to execute on our strategy, and I anticipate a seamless transition,’ Whitehurst said in smooth statement, but whether that’s the case or not time will tell.

The leadership change creates a period of uncertainty for the games engine as it looks for a new leadership team. The company stock is down 1.5% after hours. It will be reporting third-quarter results on November 9.

Reference: https://techcrunch.com/2023/10/09/john-riccitiello-steps-down-as-unity-ceo-with-former-red-hat-chief-exec-jim-whitehurst-taking-over-for-now/

Ref: techcrunch

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