this post was submitted on 09 Oct 2023
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Unity CEO John Riccitiello is retiring, effective immediately (arstechnica.com)
submitted 1 year ago by fart_pickle@lemmy.world to c/technology@lemmy.world
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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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[โ€“] Currens_felis@lemmy.ml 0 points 1 year ago (1 children)

CEOs are beholden to the shareholders, not the employees

[โ€“] ringwraithfish@kbin.social -1 points 1 year ago

Yes, I understand that's the current structure. I'm saying there needs to be a new structure where CEOs can't make greedy decisions with impunity. Clearly the idea that the board is supposed to prevent that doesn't work because this story is all too common.