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BlackBerry set to lose two more senior execs as dismal earnings loom

Published Dec 16th, 2013 7:50AM EST
BlackBerry Departures

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BlackBerry is expected to report earnings for its November quarter on Friday that show substantial declines across the board. Most significantly, perhaps, the vendor is seen posting a loss of -$0.46 per share compared to a -$0.22 per share loss in the same quarter last year, and it may also once record a massive write-down related to unsold smartphone inventory. As investors wait to hear interim CEO John Chen’s plan to turn things around, some more troubling news has emerged: according to The Wall Street Journal, two more top BlackBerry executives will soon be leaving the company. The paper reports that BlackBerry’s M&A boss Chris Wormald will be gone by the end of December and Rick Costanzo, the company’s EVP overseeing global sales, will depart early next year. BlackBerry wouldn’t confirm the moves, which would mark the latest in a long line of executive departures.

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.