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.
Former EA CEO will be replaced in interim by James Whitehurst from IBM/Red Hat.
Is that better or worse?
I swear they treat CEO’s who tank companies like they do priests who molest kids and just send them to another place whenever they get caught.
That’s corporatism in a wider sense. Existed since times immemorial. It’s a systemic problem, that is, defined by architecture.
Corporatism like this is fairly new. Creating bullshit positions for your followers is an old tradition among kings and other rulers, but putting people from one leadership position where they fucked up into the next is only here since the capitalist class established itself after the industrial revolution.
Tell me again why these hacks get paid so much for “taking risks” when they never end up being fired? I have not seen a single CEO officially fired from a company for driving it into the ground. They always “choose” to retire after fucking up the entire thing and collect a fat paycheck for doing so.
Once you slightly climb the career ladder, vocabulary turns into marketing bs. Suddenly you most not say “problem” anymore. They’re “opportunities” or “challenges”. So at that level you don’t get “fired” because that would sound bad for the next company you’re going with. You’re looking for new challenges elsewhere. Leaving behind a dumpster fire like in this very case.
Urrespective of all the other BS, why was the CEO also president of the board?
The role of the board is to supervise the executives.
