BlackBerry offers bumper package to new CEO - Reuters
BlackBerry Ltd will pay its new interim CEO a base salary of $1 million, a bonus of up to twice that amount as well as stock awards potentially worth some $85 million, in the hopes of turning around Canada's most prominent technology company, reports Reuters. Chen was credited with turning around Sybase Inc in the late 1990s. Sybase, an enterprise software company, was eventually acquired by SAP AG in 2010. Update: Chen also worked for U.S. private equity firm Silver Lake Partners.
8 November 2013•2 mins read
