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Unity Software | 8-K: Executive Vice President and Chief Financial Officer Luis Visoso Signs Separation Agreement

SEC ·  Aug 9, 2024 04:10

Summary by Futu AI

Unity Software Inc. announced the departure of Luis Visoso, the company's Executive Vice President and Chief Financial Officer, effective August 9, 2024. The separation is amicable, with no disagreements over financial operations, policies, or practices cited. Visoso will receive a severance package including 26 weeks of his base salary, a pro-rated annual target bonus, and six months' worth of health care continuation costs. Concurrently, Unity Software has initiated a search for a new CFO and appointed Mark Barrysmith as the Interim CFO. Barrysmith, who has been with Unity since May 2022 as Chief Accounting Officer, brings experience from senior roles at Amazon.com and KPMG US LLP. His compensation for the interim role is yet to be determined.
Unity Software Inc. announced the departure of Luis Visoso, the company's Executive Vice President and Chief Financial Officer, effective August 9, 2024. The separation is amicable, with no disagreements over financial operations, policies, or practices cited. Visoso will receive a severance package including 26 weeks of his base salary, a pro-rated annual target bonus, and six months' worth of health care continuation costs. Concurrently, Unity Software has initiated a search for a new CFO and appointed Mark Barrysmith as the Interim CFO. Barrysmith, who has been with Unity since May 2022 as Chief Accounting Officer, brings experience from senior roles at Amazon.com and KPMG US LLP. His compensation for the interim role is yet to be determined.

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