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John Chen is fighting for the survival of BlackBerry

29 November 2013 / 14:11:00  GRReporter
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                                                                         John Chen

BlackBerry will "sweeten" the post of new CEO John Chen with a comprehensive package of benefits. The base salary will amount to $ 1 million as announced on Thursday evening by the Canadian company the future of which depends on its immediate success on the smartphone market. The bonus of the new head can be two times higher than the salary. Shares worth approximately $ 85 million that Chen will receive only after a few years of corporate identity should be added to this as well. If Chen is fired without a cause, he will not leave empty-handed. According to the documents, BlackBerry will provide him with up to $ 6 million. So, it seems that Heins was "loaded with money" too.

The pioneer in mobile telephony, BlackBerry, has surprisingly announced that it has terminated its search for a buyer and will try to make a turnaround under its own steam. Rumours had it that some of the leaders in the technology sector were interested in the company, several Chinese companies being the most active. The Canadian government has expressed its support for BlackBerry as, in addition to purely economic factors, there are more than a few considerations related to the technology and the information that is being transferred through the servers of BlackBerry.
 
It is expected that Chen, who has replaced Heins, will be able, by using an injection of $ 1 billion, including from the financial operator Fairfax, to put BlackBerry back on the track to success. BlackBerry reported a loss of $ 1 billion in the last quarter alone while its rivals Samsung and Apple are continuing to gain profits.

 

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