Two more high-level executives leaving BlackBerry, report claims

By on December 16, 2013, 5:00 PM
blackberry, smartphone, executives, leadership mixup, rick costanzo, chris wormald

It initially appeared as though things were beginning to stabilize for troubled handset maker BlackBerry but given today’s news, that may not be the case. That’s because two high-level executives are planning to leave the company in the near future according to people familiar with the matter as reported by the Wall Street Journal.

Sources say executive vice president in charge of global sales Rick Costanzo will depart sometime in early 2013 while Chris Wormald, the man in charge of BlackBerry’s mergers and acquisitions strategy, will no longer be with the company as of the end of this month.

BlackBerry declined to comment on the matter and neither man could be reached for comment, the publication said.

It’s been a changing of the guard of sorts for the Canadian handset maker in recent months. If you recall, CEO Thorsten Heins stepped down in early November when it was revealed the planned $4.7 billion acquisition offer from Fairfax Financial Holdings was off the table. He was replaced by interim CEO John Chen who also now serves as an executive chair on the company’s board.

If that weren’t enough, the company’s chief marketing officer, chief operating officer and chief financial officer have also split in recent weeks.

BlackBerry is expected to announce third quarter earnings this coming Friday and as you can imagine, the outlook is grim. As the WSJ points out, most analysts expect virtually every financial metric to be down.




User Comments: 4

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Guest said:

... Rick Costanzo will depart sometime in early 2013 ?

Skidmarksdeluxe Skidmarksdeluxe said:

A typo obviously. We all make them at some stage of our lives.

1 person liked this | cliffordcooley cliffordcooley, TechSpot Paladin, said:

Have you ever heard the term in a movie "You are already dead, you just don't know it yet."?

Rick Costanzo already left Blackberry, he just doesn't know it yet. LOL

psycros psycros said:

Hurray! BB has been in desperate need of new blood. The entrenched management first refused to get their devices up to current smartphone standards. THEN they decided to abandon common sense with the OS 10 interface along with their core customers. The sooner these buffoons are gone the sooner Blackberry can have a chance again.

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