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Unity CEO John Riccitiello is retiring, effective immediately
(arstechnica.com)
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this post was submitted on 09 Oct 2023
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Drops a nuke on their stock
"Well, guess my work is done. I'll take my $400 million golden parachute and just step over the pieces of my broken company as I shuffle out to my car. Peace, bro."
Then 6 months later gets a VP job somewhere else because he "has experience" all the while eyeing another run at CEO.
Nah once they're CEOs they're good. They just go sit on various boards making millions for doing relatively nothing.
“I just voted to keep employee pay low. Now I have to go fly my private jet around to justify the cost of owning it. Bye!”
I thought VPs already didn't really do anything, but being on the board and meeting 2 or 3 times a year is definitely less.
I am become lizard, sitter of boards
Yup, my uncle was a CEO, and his monthly house payment is more than I make in a year… even combining my significant other’s salary. I do not like this timeline.