Oculus CEO Brendan Iribe steps down, leaving Facebook's VR future uncertain

On the heels of one of Oculus' biggest successes, the company announces a CEO change that will impact the future of VR.
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Original image has been replaced. Credit: Mashable

Just days after Oculus released the Oculus Touch to rave reviews, Oculus cofounder and CEO, Brendan Iribe, has announced that he's stepping down.

"You do your best work when you love what you’re working on," said Iribe. "If that’s not the case, you need to make a change."

Iribe revealed the sudden change on the company's blog on Tuesday.

"Changing the world … has required us to also scale Oculus at warp speed," said Iribe. "With our growth and product strategy, we’ve decided to establish new PC and mobile VR groups to be more focused, strengthen development and accelerate our roadmap."

Then he dropped the big news that effectively puts Oculus in limbo in terms of leadership.

"Looking ahead and thinking about where I’m most passionate, I’ve decided to lead the PC VR group -- pushing the state of VR forward with Rift, research and computer vision," said Iribe. "As we’ve grown, I really missed the deep, day-to-day involvement in building a brand new product on the leading edge of technology."

Leading the mobile unit will be Jon Thomason, who recently joined the company.

The major change comes at a particularly inopportune time as the company is still reeling from the politically-charged controversy suffered by cofounder Palmer Luckey back in September. Following the uproar, a number of VR developers vowed to stop developing for the Oculus platform and the usually media-friendly Luckey went silent, leaving Iribe to be the sole public-facing voice of the company.

In his blog post, Iribe says he plans to work with Facebook CTO Mike Schroepfer to find his replacement, but his sudden, somewhat unusual end-of-year exit from the company's top position is sure to stir some rumblings about the company's future.

When contacted by Mashable, Oculus declined to offer additional clarification regarding Iribe's move beyond his blog post.

"Looking ahead and thinking about where I’m most passionate, I’ve decided to lead the PC VR group."

Nevertheless, aside from the circumstances around Iribe's sudden exit from the top slot, the announcement of Oculus' split into a PC and a mobile division may actually be good news. At least on an organizational level, it hints that Facebook may have recognized the enthusiasm the missing Touch controllers have added the community of dedicated and new Oculus Rift users.

By focusing separate teams on PC and mobile, it means that Oculus is not only competing directly with the HTC Vive and Playstation VR, but it may be preparing to tackle the low-end mobile VR space currently dominated by Samsung Gear VR and now Google Daydream.

Facebook prioritizes mobile across its array of products, so now that the core Oculus product has found its footing, it seems only natural to move into the next area of growth, Oculus mobile.

Still, crafting the future of Oculus in a space that becomes more competitive with each passing day will be a difficult task for whomever finally lands in the position. In the meantime, it's likely that Facebook CEO Mark Zuckerberg, one of the biggest VR fans in tech, will keep things steady until the right person is installed at Oculus.

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