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After ten years at the helm, BlackBerry CEO Cheng Shouzong will retire on Friday

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Release: 2023-10-31 09:25:04
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News from this site on October 31, according to Reuters, John Chen, CEO of Canadian technology company BlackBerry, will retire this Friday, leaving the company he has led for ten years. During his tenure, BlackBerry transformed from a hardware and device-focused company to one focused on enterprise software.

执掌十年,黑莓 CEO 程守宗将于本周五退休

#BlackBerry board member Richard Lynch will serve as interim CEO while a permanent successor is searched for, the company announced on Monday. Cheng Shouzong will also relinquish his duties as chairman of the board of directors and be replaced by Lin Qi.

BlackBerry’s U.S.-listed shares closed up 6.5% on Monday.

According to this site’s understanding, Cheng Shouzong joined BlackBerry in November 2013, when he was 68 years old. BlackBerry is best known for its full-keyboard business phones, but its business has been hit hard since Apple launched the iPhone in 2007 and Android smartphones quickly became popular. Since then, BlackBerry has pivoted to focus on cybersecurity, in-vehicle software, and Internet of Things (IoT) applications. Earlier this month, BlackBerry announced that it would spin off its IoT and cybersecurity businesses, with plans to A fiscal year to set up a subsidiary for the Internet of Things business and conduct an initial public offering (IPO)

BlackBerry discontinued its smartphone business last year and tried to sell legacy patents related to mobile devices

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source:ithome.com
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