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BlackBerry says new CEO John Chen will stick around until business recovers

11
Jan
2014

BlackBerry once changed the definition of phones, and now its doing the same for the word temporary. CEO John Chen, who took the post last November as interim CEO while the company actively hunted for a replacement, will now stay on for an undetermined amount of time. In a statement to The New York Times, a BlackBerry spokesperson said Chens no longer interim, and will continue in the role until BlackBerry is back on solid financial footing. The company added its put the search for Chens replacement on the backburner for now. Bringing BlackBerry back to profitability is no small feat. The company racked up billions in losses last year, while shedding executives like CEO Thorsten Heins, who left in November, and was followed by other top executives.

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