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A couple more BlackBerry (BBRY) executive departures are reported by the WSJ. Sources tell the...

A couple more BlackBerry (BBRY) executive departures are reported by the WSJ. Sources tell the paper social networking head T.A. McCann and calendar/contacts app chief Marc Gingras (said to be "the driving force" behind BlackBerry Hub) recently left. Unlike fired U.S. sales chief Richard Piasentin, BlackBerry reportedly "tried to convince both men to stay."
Comments (30)
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Why is BB negative news (real or fake) always in point-form while positive news is a full analysis?
    10 Jul 2013, 06:45 PM Reply Like
  • slcUTAH
    , contributor
    Comments (504) | Send Message
     
    In regards to Blackberry this is a case of 'beating them while they're down' and NOT stopping. This is what the press does especially the financial press. The image given here is that the company is sinking and executives are bailing because they do not want to stick around. The bears/shorts have Blackberry under full control for the short to mid term. This thing is going down to $7 or $6.
    10 Jul 2013, 07:55 PM Reply Like
  • rtmunro
    , contributor
    Comments (545) | Send Message
     
    shorts can't take control until the company hands over the reigns. don't lose sight of the facts.
    10 Jul 2013, 09:13 PM Reply Like
  • krikgul
    , contributor
    Comment (1) | Send Message
     
    The short interest increased from 171M to 182M from 5/31 to 6/14 in 2 weeks, the highest increase in the last 12 months to the point where there were no more stocks that could be shorted...I think many people knew that Q1 was going to be bad and they banked on it...
    10 Jul 2013, 10:43 PM Reply Like
  • john001
    , contributor
    Comments (565) | Send Message
     
    is this a sign of "rats leaving a sinking ship"??
    10 Jul 2013, 06:49 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    No details so your guess is as good as mine. Could be or another company offered to double or triple their salaries to bring their knowledge over so they could copy it.

     

    Korean companies are known to pay retired Japanese engineers nearly a million $ (not Yen, dollars) to teach them everything they know about their work at Japanese firms.
    10 Jul 2013, 06:56 PM Reply Like
  • slcUTAH
    , contributor
    Comments (504) | Send Message
     
    This could very well be that they took more money somewhere else. Like I posted above, since the company has been in the hot seat since Black Friday everyone is going to take a swing at this company.
    10 Jul 2013, 08:01 PM Reply Like
  • il_Toto
    , contributor
    Comments (7) | Send Message
     
    Or a sign of cleaning the house?
    10 Jul 2013, 08:56 PM Reply Like
  • rtmunro
    , contributor
    Comments (545) | Send Message
     
    sinking ship, yes. rats, no. these are smart, talented individuals who turned their backs on very good paying jobs. they built this stuff and had a lot more work to do. this is a very bad sign.
    10 Jul 2013, 09:31 PM Reply Like
  • vbbv
    , contributor
    Comments (66) | Send Message
     
    This puppy's done and dusted. I'm callin' it.
    10 Jul 2013, 07:01 PM Reply Like
  • ELLAS
    , contributor
    Comments (1489) | Send Message
     
    Speculation or not, it's business as usual for BBRY. There's always departures in companies, big and small regardless. If true, they will find replacements.
    10 Jul 2013, 07:12 PM Reply Like
  • rtmunro
    , contributor
    Comments (545) | Send Message
     
    people who reach these levels are not easily interchangeable.
    10 Jul 2013, 09:32 PM Reply Like
  • alext1379
    , contributor
    Comments (706) | Send Message
     
    Really?
    Zynga.
    PenWest petroleum just switched an Exec (think it was CEO) and VP just resigned on Friday.
    One of Canada's major 5 banks (TD I believe) is switching CEOs. Rogers communication is switching CEOs.
    Toyota VP went to Ford a few years back.
    Yahoo switched 3 CEOs within 2 years. Was it HP that went through 3 as well?
    Audi designer went to KIA. BMW designer went to Hyundai. Both for crap loads of money and probably their own harem.
    10 Jul 2013, 10:10 PM Reply Like
  • Scal80
    , contributor
    Comments (40) | Send Message
     
    Execs come and go all the time. Google search "Nokia / Apple execs leaving" this year and you'll find a list that is too long to post here.

     

    These articles are getting ridiculous. The need to constantly bash makes me wonder how confident shorts truly are. If BBRY is doomed on their current path, let them go about their business and see what happens.
    10 Jul 2013, 08:36 PM Reply Like
  • zubbub
    , contributor
    Comments (199) | Send Message
     
    Scal: 'Execs come and go all the time. Google search "Nokia / Apple execs leaving" this year and you'll find a list that is too long to post here.'

     

    I followed your suggestion with Apple and could not find any who left this year, and two who left last year.

     

    With BBRY, on the other hand, two MORE just left after:

     

    "The news follows the departure of several BlackBerry executives last year, including co-CEOs Jim Balsillie and Mike Lazaridis, Chief Technology Officer David Yach and Chief Operating Officer Jim Rowan. The current CEO, Thorsten Heins, took over in January 2012 when Balsillie and Lazaridis left. In early 2013, Balsillie sold all of his remaining stock in the company."

     

    Draw your own conclusions. Those in denial and psychologically incapable from letting go of their remaining stock, should ponder well Balsillie's actions. $9 must be excruciating, but it's still 150% more than $6.
    10 Jul 2013, 09:41 PM Reply Like
  • Scal80
    , contributor
    Comments (40) | Send Message
     
    I'm not sure how you missed it... Perhaps because the stories of their execs leaving haven't been so overblown. For example, Apple's VP of Retail, Jerry McDougal resigned Jan 2013 (this is after Browett's tenure, and Johnson before that, all in 2 years?). Nokia's developer relations exec Richard Kerris left Mar 2013. VP of global marketing Steven Overmann left Nokia in April 2013. Senior VP of Nokia India Shivakumar resigned Mar 2013. Nokia China GM Gustavo Eichelmann left June 2013 etc. etc.

     

    We all know Lazaridis left to pursue his quantum technology dreams with genius Neil Turok. All I'm saying is in this case, we don't know any of the details behind their leaving.
    10 Jul 2013, 11:27 PM Reply Like
  • rudedogg585
    , contributor
    Comments (69) | Send Message
     
    You got that right, if not for these dirty shorts and analysts that work for the competition or own their stock, BlackBerry stock price wouldn't be this bad. The company's worth is a lot better than what these clowns make it to be.
    11 Jul 2013, 02:44 AM Reply Like
  • zubbub
    , contributor
    Comments (199) | Send Message
     
    Ok, I missed one Apple VP of retail (didn't search Nokia). Compare that to the high-level desertion (what else call it?) from BBRY: two CEOs, the chief technology officer, the chief operating officer, then the firing of Richard Piasentin (head of U.S. sales) last month, and now two more senior execs within a year and a half.

     

    Incidentally, is it any secret that Apple and Nokia have not been immune to turbulence this past year? You get whining on their respective threads too about bad press, short attacks, negativity, etc. But the particular tone of desperation on BBRY threads is indicative of the company's particularly desperate situation. The degree of top-level turnover is news that deserves to be reported and closely watched.
    11 Jul 2013, 10:39 AM Reply Like
  • Scal80
    , contributor
    Comments (40) | Send Message
     
    I think the tone of desperation is set by a few and a little premature given the number of options BBRY has to recover.
    12 Jul 2013, 02:34 AM Reply Like
  • NOKfan
    , contributor
    Comments (68) | Send Message
     
    People leave jobs for money all the time. These two departures do not mean anything without knowing the details of any offers they may have received. I think it's better for Blackberry to hire new, motivated people with creative new ideas anyway.
    10 Jul 2013, 08:54 PM Reply Like
  • allsports
    , contributor
    Comments (6) | Send Message
     
    Marc Gingras is a loss for BB as he was the head of their Tungle unit which they bought for the easy to use calendaring and as was discussed he was part of the HUB experience. I hope he was able to glean some experience to his team before he left.
    10 Jul 2013, 08:56 PM Reply Like
  • cereal
    , contributor
    Comments (652) | Send Message
     
    Creativity is individual and can't be learned. The team won't recover.
    11 Jul 2013, 01:41 AM Reply Like
  • crispyoz
    , contributor
    Comments (33) | Send Message
     
    Why does SA allow these so called 'authors' to publish such poorly written junk. Where is all the real analysis? I'm so tired of these one liners written by gossip mongers.
    10 Jul 2013, 08:56 PM Reply Like
  • healerdick
    , contributor
    Comments (76) | Send Message
     
    regardless of spin this is disturbing. if the news was that BBRY hired these same two guys to improve product capability from say either Apple or Samsung my guess is that everybody whose criticizing this announcement would now be shouting a cheer.
    10 Jul 2013, 09:21 PM Reply Like
  • gferrachi
    , contributor
    Comments (21) | Send Message
     
    executives are bailing Apple every day but it is some how missed by the media. This author should of just said Blackberry begged them to stay....unreal
    10 Jul 2013, 09:31 PM Reply Like
  • vijitc
    , contributor
    Comments (84) | Send Message
     
    When did these execs leave? McCann is on my twitter list and he stopped talking about Blackberry a long time ago. He didn't leave blackberry I don't believe for another company but instead to start his own. He is an entrepreneur at heart and has been involved with many startups.
    11 Jul 2013, 12:16 AM Reply Like
  • cnotp
    , contributor
    Comments (8) | Send Message
     
    A question if I went and bought a q10 and didn't go on BES would I be counted as a subscriber?
    11 Jul 2013, 09:59 PM Reply Like
  • Ben Learner
    , contributor
    Comments (211) | Send Message
     
    Ask your service provider to direct your data traffic to the BlackBerry APN. Reboot and register your BB10 device in the BlackBerry network (in settings, about, network). You will not notice any change on the appearance, except improved speed of data traffic. Even WhatsApp is instantaneous :-)
    12 Jul 2013, 02:07 AM Reply Like
  • cnotp
    , contributor
    Comments (8) | Send Message
     
    Because there might be millions more BlackBerry phones than what we think that is typical customers like myself that might not know that so there could be way more than 75m subscribers if they knew that info.
    13 Jul 2013, 05:19 AM Reply Like
  • ATInsider
    , contributor
    Comments (422) | Send Message
     
    This may be a good sign for BlackBerry, nothing wrong with trimming the fat and finding 100% efficiencies. If you cannot deliver and/or do the job, ensure the door kicks you in the aris on your way out.
    13 Jul 2013, 08:44 AM Reply Like
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