1. BlackBerry Shareholders Approve Lucrative Pay Package for CEO John Chen

    BlackBerry Shareholders Approve Lucrative Pay Package for CEO John Chen

    BlackBerry Ltd. shareholders voted in favour of an executive pay package on Wednesday that could see chief executive officer John Chen earn more than US$400-million over the next five years. At its annual meeting in Waterloo, Ont., BlackBerry investors voted 90.6 per cent in favour of a compensation package that puts Mr. Chen in line for an additional US$90-million, on top of stock awards designed to be worth more than US$300-million granted when the CEO received a five-year contract extension in March. Open this photo in gallery BlackBerry Ltd. chief executive John Chen speaks at the ...

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    1. The Board has tremendous confidence in Mr. Chen and considers his leadership to be critical to the development of the Company's business and the growth of shareholder value over the long term.
    2. In the last few months and year, the whole concept of mobility, safety, and privacy and security is coming together; [it's] extremely topical for our customers in the market.
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