Chen provides boost to BlackBerry, for now sticking around as CEO
Posted Jan 13, 2014 08:31:37 AM.
This article is more than 5 years old.
Things are looking up for BlackBerry. The Financial Post is reporting this morning since John Chen took over, shares in the smartphone maker have jumped over 30 per cent.
A report on Friday also indicated Chen has dropped the interim from his title as chief executive.
BlackBerry lost over $4 billion in its last quarter.
A company spokesperson told the New York Times that Chen will stay on as BlackBerry’s CEO until the company is back on solid financial footing.
The paper also reported that Chen has been commuting from California to BlackBerry’s headquarters in Waterloo.
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