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Three more executives depart from BlackBerry

Three more executives depart from BlackBerry 

Additionally, a news release from public relations firm Hill+Knowlton Strategies Canada reports that Mark Cameron, BlackBerry’s former director of global public policy, will be joining the PR firm at the beginning of January.

The news comes as BlackBerry is set to release its third quarter report this Friday. The company’s cash flow has been on the decline – it went from $3.1 billion in the first quarter to $2.6 billion at the end of the second quarter. Analysts expect the company’s third quarter to be less than stellar. BlackBerry shares rose yesterday by 2.02 per cent, closing at $6.55 on the Toronto Stock Exchange. A move that suggests investors aren’t overly concerned with the planned departures.

The executive departures come as part of the major overhaul being overseen by BlackBerry’s new interim CEO John Chen, who ousted former CEO Thorsten Heins in early November, after a deal to take the company private fell through. Just a few weeks ago, Chen laid off the company’s chief operating officer, the chief marketing officer and the chief financial officer.

Along with the company reporting its third quarter financial results on Friday, it is expected that Chen will share details on how the beleaguered smartphone maker plans to move forward.  

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