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After ten years at the helm, BlackBerry CEO Cheng Shouzong will retire this Friday

Tech 2023-10-31 12:28:58 Source: Network
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On October 31st, it was reported that BlackBerry CEO John Chen will retire this Friday, with BlackBerry board member Richard Lynch serving as interim CEO, and the company is seeking a permanent replacement.It is reported that Cheng Shouzong, currently 68 years old, joined BlackBerry in November 2013

On October 31st, it was reported that BlackBerry CEO John Chen will retire this Friday, with BlackBerry board member Richard Lynch serving as interim CEO, and the company is seeking a permanent replacement.

It is reported that Cheng Shouzong, currently 68 years old, joined BlackBerry in November 2013. The BlackBerry was once famous as a full keyboard business phone, but its business was affected by the rapid popularity of Apple's iPhone and Android smartphones in 2007.

Afterwards, BlackBerry began to focus on network security, in car software, and Internet of Things (IoT) applications. After ten years at the helm of Cheng Shouzong, BlackBerry transformed from a hardware and equipment company to a company focused on enterprise software. The official website introduced that he led BlackBerry to turn losses into profits, stabilized the company's financial situation, and ensured its viability

Last year, the company closed its smartphone business and has since been trying to sell patents related to mobile devices. Earlier this month, the company announced that it would split its IoT and cybersecurity departments and plan to make an initial public offering of its IoT business subsidiary in the next fiscal year.


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