Unity Backpedals on Its Horrible Plan for Game Install Fees Amid Developer Backlash::Unity CEO John Riccitiello reportedly sold thousands of shares of stock in the weeks ahead of the fee announcement.
Unity Backpedals on Its Horrible Plan for Game Install Fees Amid Developer Backlash::Unity CEO John Riccitiello reportedly sold thousands of shares of stock in the weeks ahead of the fee announcement.
CEO should not be compensated in shares because they have insider information and can benefit from manipulation. It has always been a recipe for disaster.
Equity is good. It encourages people to give a shit as to whether a product is launched or not and so forth.
The issue is more that we have this convoluted scheme to let people cash out their shares throughout their time with the company because it makes 'total compensation" higher
Personally? I would have almost no issues if it were just put into an escrow account and treated more like a retirement/severance package. Working at InterTrode? Those shares are untouchable. Leave InterTrode? YOLO.
I always thought there should be a minimum hold time. Somewhere between 1-5 years after they leave their position.
It encourages them to think long term instead of just the next quarter, and they really have to leave the company in a better place than they found it.
I feel like no executive should be able to exercise their stock options while they still work at the company.