Summary by Futu AI
Unity Software Inc. announced the appointment of Matthew S. Bromberg as its new Chief Executive Officer and President, effective May 15, 2024. Bromberg, who will also join the company's board of directors, brings extensive experience from his previous roles, including as a Senior Advisor to Blackstone and board member of Bumble Inc., Monzo, and Blast. His past positions include COO at Zynga Inc. and leadership roles at Electronic Arts Inc. Bromberg's compensation package includes an $850,000 base salary, potential bonuses, and significant equity awards with various vesting conditions. Concurrently, the company reported that Mr. Whitehurst will transition from Interim CEO and President to Executive Chairman of the Board and Senior Advisor on the same date. Additionally, the Board appointed Mr. Botha as Lead Independent Director and amended its Non-Employee Director Compensation Policy. The company's Executive Vice President and CFO, Luis Visoso, received a salary increase and a retention equity award to reflect his contributions to the company.