News Column

BlackBerry Sheds 3 Execs

November 25, 2013

Struggling Canadian technology giant BlackBerry said Monday three top executives were leaving within weeks of hiring a new chief executive officer.

Two of the executives who are leaving, Chief Operating Officer Kristian Tear and Chief Marketing Officer Frank Boulben, were hired by former CEO Thorsten Heins, who was fired in early November, The Wall Street Journal reported.

Chief Finance Officer Brian Bidulka is also leaving, although he will stay on board as an adviser to the new CEO until the end of the fiscal year, the Journal said.

James Yersh, the head of compliance, will take Bidulka's position. The company said it would not replace Tear or Boulben at this time.

When Heins left, the company said it would not longer seek a buyer who would take the company private.

In a statement, Chen said BlackBerry "has a strong cash position and continues, by a significant margin, to be the top provider of trusted and secure mobile device management solutions to enterprise customers around the world."

"Building on this core strength, and in conjunction with these management changes, I will continue to align my senior management team and organizational structure, and refine the company's strategy to ensure we deliver the best devices, mobile security and device management," Chen said.

BlackBerry said Roger Martin, the former dean of the University of Toronto's business school, is leaving the company's board of directors, which pares the company's board down to seven members, the Journal said.

Copyright 2013 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Original headline: Three executives exit BlackBerry


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Source: Copyright 2013 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.


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