Unity CEO John Riccitiello announces his resignation, effective immediately

Unity, a video game software maker, announced on October 10 that its President, CEO and Chairman John Riccitiello has "retired" effective immediately

This site noticed that the company announced in a statement that it had appointed James Whitehurst as interim CEO and Rolof Botha as chairman

Whitehurst previously served as a senior advisor and president of IBM. He joined IBM through IBM's acquisition of the software company Red Hat and served as Red Hat's president and CEO from 2008 to 2020.

Riccitiello will continue to advise Unity to ensure a smooth transition and the Board of Directors will initiate the process of appointing a permanent CEO.

Unity Engine previously introduced a new pricing model that caused huge controversy as Unity planned to charge a fee every time a game is installed. After the policy sparked a backlash from game developers, Unity changed its A pricing plan that allows developers to be paid 2.5% of game revenue. Many blame John Riccitiello personally for this change in pricing strategy, given his past controversial decisions regarding commercialization.

However, Riccitiello also had a certain contribution to the development of Unity. He ran the company for nine years, nearly half of its history. Today, half of the world's top games are developed using the Unity engine. However, the company has never achieved profitability and is losing hundreds of millions of dollars every year.

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