Unity Software Inc. (U) said that John Riccitiello will retire as President, Chief Executive Officer, Chairman and a member of the company's Board of Directors, effective immediately.
The company noted that it appointed James Whitehurst as Interim Chief Executive Officer, President and a member of the Board.
Roelof Botha, Lead Independent Director of the Unity Board, has been appointed Chairman.
The company noted that it will initiate a comprehensive search process, with the assistance of a leading executive search firm, to identify a permanent CEO.
Unity reaffirms its previously announced third quarter 2023 guidance. It will release third quarter 2023 financial results after the market close on Thursday, November 9, 2023.
For comments and feedback: editorial@rttnews.com