U - Why Unity Software Stock Is Up Tuesday | Benzinga
Unity Software Inc (NYSE: U) shares are trading higher Tuesday after the company announced a CEO transition.
What Happened: Late Monday, Unity announced that John Riccitiello will retire as chairman, president and CEO, effective immediately.
"It's been a privilege to lead Unity for nearly a decade and serve our employees, customers, developers and partners, all of whom have been instrumental to the Company's growth," Riccitiello said.
"I look forward to supporting Unity through this transition and following the Company's future success."
Riccitiello will continue to ...