Unity CEO John Riccitiello Resigns
Unity CEO John Riccitiello has announced that he’s retiring from the company effective immediately. The news comes almost a month after the company announced plans to introduce a controversial install fee for developers, which resulted in an industry-wide backlash.
Riccitiello is stepping down as CEO, president, and a member of the board of directors. In a press release, Unity states that James M. Whitehurst will take over as interim CEO while the board seeks a permanent replacement. Whitehurst is a tech veteran who served as president at IBM from 2008 to 2020 and as a senior advisor from 2021 to 2022.
“It’s been a privilege to lead Unity for nearly a decade and serve our employees, customers, developers and partners, all of whom have been instrumental to the Company’s growth,” Riccitiello says in a statement. “I look forward to supporting Unity through this transition and following the Company’s future success.” Riccitiello became CEO of Unity in 2014 following his tenure as CEO at EA.
“I am honored to join Unity as Interim CEO and President at this important time in its evolution,” says Whitehurst in the press release. “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.”
Additionally, Unity plans to release its third-quarter financial results after the market closes on November 9. A webcast will follow at 2 p.m. PT/5 p.m. ET.
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