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BlackBerry Executives Leave as CEO Rebuilds Management

Chief Operating Officer Kristian Tear and Chief Marketing Officer Frank Boulben, who were hired under previous CEO Thorsten Heins, are leaving the company and will not be replaced, Waterloo, Ontario-based BlackBerry said today. Brian Bidulka, the finance chief, will be departing after eight years at the company.

Chen, the former CEO of Sybase Inc., took the reins at BlackBerry on Nov. 4, following a failed attempt by Fairfax Financial Holdings Ltd. to buy the company for $4.7 billion. BlackBerry then raised $1 billion in a convertible debt sale, giving it more of a cushion as Chen formulates his comeback plan.

“I will continue to align my senior management team and organizational structure, and refine the company’s strategy to ensure we deliver the best devices, mobile security and device management,” Chen said in today’s statement.

James Yersh, who was a controller and head of compliance at BlackBerry, will replace Bidulka as CFO. Board member Roger Martin, meanwhile, has resigned from the company, according to the statement.



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