BlackBerry CEO John Chen to Exit With Software Company Planning Split
- CEO set to retire after 10 years at the Canadian company
- BlackBerry shares closed 6.4% higher on Monday after report
John Chen, chairman and chief executive officer of BlackBerry Ltd.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
BlackBerry Ltd. Chief Executive Officer John Chen will leave the software company this week, ending a decade-long tenure that failed to deliver a turnaround in its fortunes.
BlackBerry made the announcement on Monday after the market closed, confirming an earlier report by The Globe and Mail newspaper. Richard Lynch will take the helm as chair and interim CEO while the company searches for a permanent replacement.