1004

Unity CEO John Riccitiello is retiring, effective immediately (arstechnica.com)

submitted 1 year ago by fart_pickle@lemmy.world to c/technology@lemmy.world

144 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[-] zib@kbin.social 5 points 1 year ago

Unity employees are shareholders, but greatly in the minority compared to the executives. The C-suite is routinely granted thousands of shares while the lowly employees are given a few hundred RSUs every year, which vest over a period of 4 years. It's kinda bullshit how little equity employees by comparison, but definitely by design.

this post was submitted on 09 Oct 2023

1004 points (98.5% liked)

Technology

59081 readers

3608 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS