May 24, 2024

Unity CEO John Riccitiello has resigned following a controversial value change that has seen builders abandon Unity’s platform in droves.

Unity unveiled an unpopular pricing change through which it will have charged for each recreation as soon as the developer crossed sure thresholds. The transfer resulted in quite a few recreation studios and builders saying they might swap to a different recreation engine and cease utilizing Unity, prompting the corporate to apologize and stroll again a part of the pricing adjustments.

In line with an organization press launch, James M. Whitehurst has been appointed Interim CEO. Roelof Botha, Lead Unbiased Director of the Unity Board, is the corporate’s new Chairman. In the meantime, Riccitiello will act as an adviser throughout the transition.

“Working with Unity below John’s management has been one of many highlights of my profession. John joined the Unity Board in 2013 and stepped in to guide the Firm in 2014, at a time once we confronted vital challenges,” Mr. Botha mentioned. “John has led Unity via unimaginable progress over the past practically 10 years, serving to us transition from a perpetual license to a subscription mannequin, enabling builders to monetize, constructing different recreation providers to serve our creator neighborhood, main us via an IPO and positioning us as a pioneer within the developer neighborhood. Unity wouldn’t be the place it’s immediately with out the affect of his contributions. I stay excited for the way forward for Unity.”

“I’m honored to hitch Unity as Interim CEO and President at this necessary time in its evolution,” Mr. Whitehurst mentioned. “With the Firm’s skilled management and passionate workers, I’m assured that Unity is well-positioned to proceed enhancing its platform, strengthening its neighborhood of shoppers, builders and companions, and specializing in its progress and profitability objectives. I stay up for working carefully with the Board and our proficient international workforce to execute on our technique, and I anticipate a seamless transition.”

“It’s been a privilege to guide Unity for practically a decade and serve our workers, prospects, builders and companions, all of whom have been instrumental to the Firm’s progress,” Mr. Riccitiello mentioned. “I stay up for supporting Unity via this transition and following the Firm’s future success.”

Unity made a degree of reaffirming its Q3 2023 steerage, little doubt in an effort to reassure buyers amid the adjustments.