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New BlackBerry CEO John Chen to get $93 mn pay package

BlackBerry`s new interim chief executive (CEO) John Chen will reportedly get 93 million dollars pay package for the next five years.



Sydney: BlackBerry`s new interim chief executive (CEO) John Chen will reportedly get 93 million dollars pay package for the next five years.

Chen will be eligible for one million dollars in base salary with a performance bonus of two million dollars, the Sydney Morning Herald reports.

He will also be awarded 13 million restricted shares, which will become available over the time, the company said.
Chen`s main focus would be to bring back success to the company after years of shedding market share to competitors, like Apple and Samsung.

From Zee News

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