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

submitted 11 months 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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[–] ringwraithfish@kbin.social 218 points 11 months ago (39 children)

Pisses me off that CEOs never get fired for their bullshit and get to "retire" or "resign" like they didn't just make the most boneheaded decision that severely hurt the company.

There really needs to be some organizational structure where the CEOs have the power to make the decisions they make, but the employees have the power to punish and fire them when they do shit like this. No golden parachutes for them!

[–] Currens_felis@lemmy.ml 18 points 11 months ago (11 children)

CEOs are beholden to the shareholders, not the employees

[–] Sordid@lemmy.world 7 points 11 months ago

I don't see why the shareholders wouldn't want his head on a pike as well.

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