John Riccitiello is out at Unity, effective immediately
by Sean Hollister from The Verge - All Posts on (#6FE9D)
Image: Getty Images 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, president, and board member. Mr. Riccitiello will continue to advise Unity to ensure a smooth transition."
Notably, Unity's new interim CEO is an outsider: Whitehurst is an advisor at Silver Lake, a private equity firm that owns about 9 percent of Unity. (He also spent 12 years as CEO of Red Hat, an IBM subsidiary known for a...