BlackBerry (BB) announced that John Chen, Executive Chair and CEO of BlackBerry, will retire from the company effective November 4. This aligns with the terms of Chen’s contract and follows the conclusion of the Project Imperium evaluation. Richard (Dick) Lynch will succeed Chen as Board Chair and will also serve as Interim CEO while BlackBerry completes its search for a permanent CEO. Lynch joined the BlackBerry Board in 2013 and serves as a member of its Compensation, Nomination and Governance Committee. He previously served as Executive Vice-President and Chief Technology Officer of Verizon Communications (VZ) and Verizon Wireless. He is a director of Cohere Technologies and iconectiv and has served as Chairman of Ribbon Communications and as a director of Ruckus Wireless.
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