this post was submitted on 09 Oct 2023
991 points (98.6% liked)

Technology

59588 readers
2888 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
991
Unity CEO John Riccitiello is retiring, effective immediately (arstechnica.com)
submitted 1 year ago by fart_pickle@lemmy.world to c/technology@lemmy.world
143 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] Aceticon@lemmy.world 10 points 1 year ago* (last edited 1 year ago)

At that level cronyism is rife and merit is secondary to connections.

As long as he doesn't have a big black spot on his CV, his mates can keep doing him favours using the resources of the companies in which they're board members or similar and he will keep on doing favours to them in the same way.

It's not by chance that in that environment there is a web were the CEOs of some companies are board members in other companies, whose CEOs are board members of the first company - or in other words "I scratch your back, you scratch my back".