News about Danny Gray

John Riccitiello, the controversial CEO, steps down from Unity's 'effective immediately,' but will continue on payroll for six months to earn MILLIONS in stock awards

www.dailymail.co.uk, October 12, 2023
John Riccitiello (left), the founder of San Francisco and board member, announced his resignation on Monday. Although the change is immediate, Riccitiello will remain on the company payroll 'to help with the transition' until April 9, when which time his stock awards will continue to vest, according to regulatory filings first reported by SF Gate. Riccitiello is set to receive another stock grant in November and two more rounds of incentive stock options ahead of his April 9 retirement date, which would be worth nearly $10 million at current rates.