Mar 05
Prior to bringing John Chen on board, BlackBerry’s stock had reached new lows last year. The board ousted the sitting CEO, brought Chen in, who then began to restructure the company as well as the top level management. Even though it hasn’t been an overnight success, the market believes that BlackBerry has a fighting chance under new leadership, which is why its stock has slowly climbed its way back up over the past few months. One of the things most admired about Chen is the fact that he’s often blunt about the crisis BlackBerry finds itself in, recently in an interview he remarked that BlackBerry’s turnaround plans have a 50 percent chance of failing.
BlackBerry CEO Gives Turnaround Plans 50% Chance original content from Ubergizmo. 
     |
Post a Comment