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BlackBerry CEO John Chen to Retire, Richard Lynch to Take Over

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Blackberry,CEO,John Chen

BlackBerry CEO and executive chairman John Chen will retire from the company, with Richard Lynch taking over temporarily. Chen joined BlackBerry in 2013 and focused on transforming the company into a cybersecurity software and services firm. The company is also exploring strategic alternatives to enhance its value.

WATERLOO, Bahamas — BlackBerry Ltd. says CEO and executive chairman John Chen will retire from the company at the end of this week.

Chen joined BlackBerry in November 2013 with a mission to restructure the company from a smartphone maker into a cybersecurity software and services firm. The company also told shareholders it was exploring a range of strategic alternatives to enhance the value they derive from the business, which lost US$42 million in the second quarter of its 2024 fiscal year.

"It has been an honour to lead and transform this iconic company over the past decade," Chen said in a news release announcing his departure.

 

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