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Unity Appoints Matthew Bromberg as New CEO and President

Unity Appoints Matthew Bromberg as New CEO and President

By
Matteo Rossi
1 min read
InternetGastronomy and Hospitalitybusiness

Unity Appoints Matthew Bromberg as New CEO and President

Unity, a leading platform for creating and operating real-time 3D (RT3D) content, has appointed Matthew Bromberg as its new CEO and president, effective May 15. Bromberg, who previously served as COO at Zynga and held multiple leadership roles at Electronic Arts, brings extensive experience in the gaming industry to his new role. This leadership change comes as the company's interim CEO, Jim Whitehurst, transitions to the executive chair of the board. Unity's shares fell 4% after hours following the announcement, as investors reacted to the news.

Key Takeaways

  • Matthew Bromberg has been named as the new CEO and president of Unity, effective May 15.
  • Bromberg has a strong background in the gaming industry, having previously worked as COO at Zynga and held leadership positions at Electronic Arts.
  • Unity's interim CEO, Jim Whitehurst, will transition to the executive chair of the board.
  • Unity is set to release its Q1 results on May 9, after market close.

Analysis

The appointment of Matthew Bromberg signifies a significant shift in leadership for Unity, indicating potential efforts to address previous controversies and drive growth. With Bromberg's extensive gaming background, the company is likely to focus on advancing its strategic objectives, competing with industry leaders like Epic Games and Unreal Engine. Additionally, the response from shareholders and investors to upcoming Q1 results under new management will be critical for assessing Unity's future performance and market confidence.

Did You Know?

  • Matthew Bromberg: The new CEO and president of Unity, effective May 15, with a strong gaming industry background.
  • Jim Whitehurst: The interim CEO of Unity, who is transitioning to the executive chair of the board.
  • Zynga: A renowned mobile game developer.
  • Electronic Arts (EA): A leading video game publisher known for popular titles.
  • Silver Lake: A prominent global technology investment firm with a significant stake in Unity.

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