Unity, the company behind the game development engine of the same name, has just announced that its president, CEO, and chairman John Riccitiello “will retire” effective immediately.
“The Board will initiate a comprehensive search process, with the assistance of a leading executive search firm, to identify a permanent CEO,” reads the press release, adding that James Whitehurst will step in as interim CEO and president. “Mr. Riccitiello will continue to advise Unity to ensure a smooth transition.
” While the press release makes no mention of it, this is happening amidst a giant game industry controversy where Unity created a huge backlash with a new pricing model that broke trust with many game developers. Many were quick to point to Riccitiello’s history of making controversial statements and decisions around monetization, both at Unity and as EA’s CEO, including my colleague Tom Warren: Developing...
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Unity Software’s Chairman, CEO John Riccitiello leaving companyWallace Witkowski came to MarketWatch from the Associated Press in New York, where he covered the business of Big Pharma, after covering FDA regulation of many of the same companies, as well as medical devices, in the Washington, D.C., area. Based in San Francisco, his current focus is on the more exciting world of semiconductors, videogames and cybersecurity, when he's not churning out earnings coverage. Follow him on Twitter at: wmwitkowski.
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