Skip to content
Subscriber Only

BlackBerry CEO to Make $55.6 Million If He Sells Company

BlackBerry Ltd. Chief Executive Officer Thorsten Heins stands to make $55.6 million if he sells the company and is ousted.

That’s the amount he’s entitled to receive if BlackBerry has a change of control and Heins is pushed out by the new owners, according to a May proxy filing. The figure, which includes salary, incentive payments and equity awards, is based on BlackBerry’s stock price at the end of the fiscal fourth quarter. The plan was approved by shareholders at its annual meeting on July 9.