TweakTown
Tech content trusted by users in North America and around the world
5,673 Reviews & Articles | 36,064 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

BlackBerry looking to turn around, begins purging executives

BlackBerry drops COO, CMO, CFO and a board member in efforts to turn company around (NASDAQ:BBRY)

| Business, Financial & Legal News | Posted: Nov 25, 2013 5:21 pm

2013 has been one heck of a year for BlackBerry. In the span of just eleven months, the company has launched its next-gen OS and devices, almost went out of business, and seen its CEO resign after no one wanted to buy the company. Today it appears that BlackBerry is attempting to make the changes necessary to turn the company around.

 

TweakTown image news/3/4/34112_1_blackberry_looking_to_turn_around_begins_purging_executives.jpg

 

This morning, BlackBerry announced that its Chief Operating Officer, Kristian Tear, and Cheif Marketing Officer, Frank Boulben will no longer be part of the company. Additionally, the company's Chief Financial Officer, Brian Bidulka, will be exiting the company and will be replaced by James Yersh, a long time BlackBerry Exec. Finally, the announcement says that Roger Marti, a member of BlackBerry's board of directors, will be resigning from the Canadian smartphone manufacturer as well.

 

This major shakeup in management is widely seen as something that should have happen many months ago when BlackBerry first began to circle the drain. Following the ousting of CEO Thorsten Heins, today's announcement should do well to restore some investors faith in the company. With a fresh injection of $1 billion from FairFax Financial, BlackBerry just might manage to turn things around in 2014.

NEWS SOURCE
Thenextweb.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below