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TECHi

BlackBerry’s search for a CEO has been put on the “Back Burner”

Bits Blogs Nytimes

Two Takes Default
Two Takes Default

BlackBerry has gone through quite a few major changes in the past couple of months. The company abandoned a plan to sell itself after the only takeover bid it had received fell through due to rumored funding issues. Instead it received a $1 billion institutional investment and drove out its CEO Thorsten Heins. 

With little fanfare, John S. Chen has dropped “interim” from his title as chief executive of BlackBerry, the struggling smartphone maker. Adam Emery, a spokesman for the company, confirmed the title change and said that this week during at International CES, the large electronics trade show in Las Vegas, Mr. Chen promised to stay on at BlackBerry, which lost $4.4 billion in its last quarter.

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