Unity CEO John Riccitiello resigns following price controversy

What simply occurred? The fallout from Unity's controversial pricing structure changes have spilled over into October and will apparently have a long-lasting effect on the agency. Unity has announced that John Riccitiello is retiring as president, CEO, chairman, and board member, powerful at once.

James M. Whitehurst has been appointed intervening time chief government and president, and has been introduced as a member of the board. Roelof Botha, who serves as the lead impartial director of the board, has been named chairman.

Whitehurst is defined as a pro technology and public enterprise govt. Previously, he served as president and CEO of Red Hat for more than 12 years before shifting to IBM when it received Red Hat in 2018. At IBM, Whitehurst served as president and later, a senior marketing consultant.

Unity stated Riccitiello, who took over at Unity CEO in overdue 2014, will stick round to help make certain a easy transition of energy.

Botha had not anything but praise for Riccitiello, noting how he took over at a difficult time, helped them transition from a perpetual license to a subscription model, and led them through an IPO. "Unity would now not be where it is today with out the effect of his contributions. I stay excited for the destiny of Unity," Botha introduced.

Riccitiello stated it's been a privilege to steer the employer for nearly a decade, and stated he seems forward to following Unity's future fulfillment.

Whitehurst, meanwhile, stated he is confident that Unity is properly-placed to keep enhancing its platform and in addition strengthen ties with its network of clients, developers, and companions.

Unity ran afoul with the network in September while it introduced a new "Unity Runtime Fee" that became set to enter impact on January 1, 2024. Things were given so awful that Unity even had to near a few workplaces due to "credible dying threats." After almost weeks of backlash, confusion, and poor press, Unity announced revisions to the monetization plan that had been far extra ideal in standard. The management exchange can have a lasting effect on the agency and its legacy but it appears the hearth ignited by using the sick-fated runtime fee had been extinguished.