this post was submitted on 09 Oct 2023
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1005
Unity CEO John Riccitiello is retiring, effective immediately (arstechnica.com)
submitted 1 year ago by [email protected] to c/[email protected]
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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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[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

This is so true. Shareholders couldn't care less if he was popular with customers. All they care about is whether he can do anything to boost profits. In their world, even the situation with Unity can be spun as "innovative" (in the sense that it introduced another revenue stream for the company) and that even if this initial implementation is scrapped, it can be learned from and improved on for future ones.