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.
pops the golden parachute
“Later, bitches!”
“So, board of directors, you can force me to do any dumb thing you want, or fire me for not doing it? Yeah. Imma need an escape shuttle.”
“Fine. We’ll cut you a check for a couple of million if it comes to that. But we’re so smart, it won’t come to that.”
“It came to that.”
“Here’s your check.”
Thank you for coming to my TED Talk.
Maybe the solution for CEOs that take the golden parachute is a literal golden parachute.
The solution is to tax the rich so a golden parachute mostly goes to the tax payer. Including stock options.
They get a rucksack filled with gold bullion, and the only way out of the building is through the window of their corner office.
Times are tough, best we can do is lead.