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LONDON, Dec 4 (Reuters) – The newly appointed interim chief executive to reshape the mobile phone maker BlackBerry “is there for a long walk,” he told Reuters the company’s largest shareholder, Prem Watsa
Watsa previously sought partners in a bid of 4.7 billion dollars of delisting the BlackBerry. But his company, Fairfax Financial, chose to lead the funding of $ 1 billion to provide resources to the Canadian company to finance a recovery.
John Chen, an expert in recovery with Sybase in the late 1990s, was brought in as interim chief executive.
“John is engaged to long walk, he is an exceptional leader, and will be very successful,” Watsa told Reuters in a telephone interview from his office in Toronto, where he described the BlackBerry as an iconic company it deserves to succeed.
BlackBerry practically invented the idea of ??mobile email, but lost its market leadership as the rivals came with dispostivos more accessible to consumers, as Apple and its iPhone and phones using Google’s Android operating system.
(By Laura Noonan, Janet Guttsman and Euan Rocha)
Copyright Thomson Reuters 2011

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