Ex-BlackBerry boss says ‘board wanted him to stay and help firm’

BlackBerry’s former co-CEO Mike Lazaridis has said that he was asked to stay-on as CEO by the board of directors.

Last Updated: Mar 30, 2013, 16:35 PM IST

Washington: BlackBerry’s former co-CEO Mike Lazaridis has said that he was asked to stay-on as CEO by the board of directors.

On Thursday''s, as the firm announced it made record Q4 profits by selling one million BlackBerry 10 smartphones, it also revealed that that co-founder and former co-chief executive Lazaridis has retired. from the company''s board of directors.

In an interview with Canada''s The Globe and Mail, Lazaridis said that he was asked by the board to reconsider his decision.

The board members wanted him to stay on and help, Lazaridis told the publication, according to Mashable.

Instead, Lazaridis passed the torch to Heins, his hand-picked successor.

According to the report, Most analysts agree that Heins has done a good job over the last year helping improve BlackBerry''s cash flow.

Still, as the BlackBerry enters the U.S. market, which is one of the company's weak points, it will be facing stiff competition from Apple, Samsung and Nokia, the report added.

ANI