BlackBerry's BBM chief departs


Andrew Bocking, the BlackBerry (BBRY +0.5%) EVP in charge of BBM, has left the company.

While sources talking with BGR are divided over the terms of Bocking's departure - one says he was fired and that BBM is being folded into BlackBerry's enterprise unit, another says he was poached by a rival - BlackBerry's statement to the site suggests Bocking's departure was voluntary.

Bocking's exit comes as BBM sees tremendous user growth in the wake of last October's Android/iOS app launches. However, as far as monetization goes, John Chen has only promised the messaging platform will see "reasonably good revenue" in the FY16 timeframe.

Update: BlackBerry says the BBM division will now be under the authority of recently-hired enterprise services chief John Sims.

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Comments (26)
  • LYogi
    , contributor
    Comments (3107) | Send Message
     
    Chen isn't going to stand for anything less than exceptional management.
    10 Feb 2014, 01:52 PM Reply Like
  • David653
    , contributor
    Comments (4747) | Send Message
     
    lol wake up and smell the coffee LY you know as well as I do its over. even Prem Watsa believes this. This is why the debenture loan was developed so FFH can at least break even in their investment. The guy that quit only quit because he knows its not worth it.
    10 Feb 2014, 01:58 PM Reply Like
  • LYogi
    , contributor
    Comments (3107) | Send Message
     
    ah.....no.

     

    what do you mean the debenture loan was created to break even? that makes no sense whatsoever.

     

    explain.
    10 Feb 2014, 02:01 PM Reply Like
  • David653
    , contributor
    Comments (4747) | Send Message
     
    Prem Wasta the debenture load was created by Prem knowing that they get paid first in the event of closer. Why would Blackberry accept a loan when they had 2.9B to the good? FFH is guaranteed to be paid first when debenture converts to $10 a share FFH wont lose as they get paid prior to anyone else. The debenture will assure FFH of not losing their 11% shares they now hold. Believe me Prem Watsa will not lose. YOU WILL. If you bought in at $6 sell while you still can. The only winners in this game will be the Blackberry executives as Thorsten won, and Prem Watsa
    10 Feb 2014, 02:32 PM Reply Like
  • LYogi
    , contributor
    Comments (3107) | Send Message
     
    so let's see:

     

    Fairfax is underwater let's say 500 Million Dollars. So Prem Watsa in all his (supposed David653 brilliance) decides to lend another 250M to the company to save his 500M. Only the 250M is secured.

     

    Do you see the fallacy in your logic?
    10 Feb 2014, 02:54 PM Reply Like
  • Stock Jackal
    , contributor
    Comments (545) | Send Message
     
    Just because he left as a volunteer doesn't, mean he didn't self select out. Every other major exec has left and/or been shuffled. I'd leave too if I was the BBM exec that missed the boat releasing BBM multi-platform years ago when the iPhone first came out. Not too mention letting an intern steal my stuff and start Kik
    10 Feb 2014, 09:30 PM Reply Like
  • mikebator
    , contributor
    Comments (1867) | Send Message
     
    And the purge continues for the better.
    10 Feb 2014, 02:08 PM Reply Like
  • Kingslayer24
    , contributor
    Comments (11) | Send Message
     
    I guess he was fired.
    10 Feb 2014, 02:17 PM Reply Like
  • cula
    , contributor
    Comments (13) | Send Message
     
    Chen surely has a reason for that, just like he replaced/got rid of other key personnel that didn't deliver.
    10 Feb 2014, 02:38 PM Reply Like
  • Thurai sivakumaran
    , contributor
    Comments (29) | Send Message
     
    CHEN KNOWS WHAT HE IS DOING.

     

    RELAX AND ENJOY THE RIDE, WILL NEVER HAPPEN AGAIN.
    10 Feb 2014, 03:01 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (12934) | Send Message
     
    "just like he replaced/got rid of other key personnel that didn't deliver."
    Wait a minute. Haven't the longs been telling us all along how wonderful BBM is?

     

    Isn't it a cut above everything else? Isn't it the best/most secure messaging, best quality video, best quality audio?
    How come last week it was the absolute best message platform (hands down/bar none), and now we're firing the guy responsible because he wasn't delivering.

     

    Please explain.
    10 Feb 2014, 03:01 PM Reply Like
  • LYogi
    , contributor
    Comments (3107) | Send Message
     
    If you read the official statement from the company he was let go because BBM is being merged with the Enterprise division.
    10 Feb 2014, 03:07 PM Reply Like
  • Z10isgreat
    , contributor
    Comments (321) | Send Message
     
    I am guessing the man wasn't delivering to the potential of the platform, and Chen could not convince him to step up his game. Or the platform is being rolled under Enterprise and Bocking would be reporting to a new boss. Sometimes the people who have been there the longest have the hardest time serving their new on board bosses. It's better for all concerned if they simply part ways.
    10 Feb 2014, 03:41 PM Reply Like
  • shubarua1
    , contributor
    Comments (1551) | Send Message
     
    Who cares who is fired and why he is fired?
    http://bit.ly/1eOC7n8
    10 Feb 2014, 05:14 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (12934) | Send Message
     
    Shubarua,

     

    That chart is very impressive, kind of like a two headed nickle. The problem if you'll notice is that crackberry conveniently cut off the chart when BBM search peaked right after launch.

     

    Now, for a dose of reality, please look at the same chart in Google Trends (as linked by the article) and watch it drop-like-a-rock right after launch. http://tinyurl.com/kpt...

     

    This is truth; showing the pop after launch, then cutting off the chart there is quite disingenuous.
    10 Feb 2014, 06:47 PM Reply Like
  • mvermaak
    , contributor
    Comments (500) | Send Message
     
    On annie app apple store BBM it is still going strong and bbm voice is still to launch
    10 Feb 2014, 07:06 PM Reply Like
  • LYogi
    , contributor
    Comments (3107) | Send Message
     
    Full story here: http://tcrn.ch/1eOva5j
    10 Feb 2014, 04:24 PM Reply Like
  • FellowInvestor
    , contributor
    Comments (14) | Send Message
     
    Can you remember how many glitches happened with the rollout of BBM for Android and IOS?
    10 Feb 2014, 05:26 PM Reply Like
  • 10553331
    , contributor
    Comments (114) | Send Message
     
    Can you remember how many glitches happened with the iOS 6 rollout? Apple Maps? iOS7? password bypass, iMessage, fonts, 41 security patches; How about the iPhone4 antenna issue- just suck that one up, right?
    All phones have issues. All software does too. There is no immunity.
    10 Feb 2014, 09:26 PM Reply Like
  • Thurai sivakumaran
    , contributor
    Comments (29) | Send Message
     
    Glitches are common in this industry, nothing to speek ok.
    10 Feb 2014, 05:34 PM Reply Like
  • john001
    , contributor
    Comments (1167) | Send Message
     
    This was a good move on Chen's part. By its reaction today, even Mr. Market thought so. However, the bears think otherwise.
    10 Feb 2014, 06:05 PM Reply Like
  • Roll up the RIM
    , contributor
    Comments (251) | Send Message
     
    Excellent. Chen can now bring on another bud from SAP to the tune of a few million. Add that to the comps for his other buddies, new rent to pay, and interest on the debentures. Better lay off another few thousand to pay for it!
    10 Feb 2014, 06:49 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (12934) | Send Message
     
    "The new home for BBM suggests it could possibly be focused more on the enterprise market, which might mean shying away from the consumer push that’s been going on recently. " http://tcrn.ch/1eOva5j

     

    So.. If this is true, how will BBM be monetized to executives in the enterprise?
    How will Channels compete with Twitter and Facebook if it's an enterprise offering?

     

    If BlackBerry goes this route, they'll likely give it away as part of their MDM/enterprise package.
    I see a multi-million dollar company in the making.
    10 Feb 2014, 07:12 PM Reply Like
  • LYogi
    , contributor
    Comments (3107) | Send Message
     
    "So.. If this is true, how will BBM be monetized to executives in the enterprise?
    How will Channels compete with Twitter and Facebook if it's an enterprise offering?"

     

    Easy: enterprise wants to have secured communication? they have to pay for that privilege.

     

    Since BBM is really the only option for secured communication (besides those 5K NATO devices you keep bringing up) Blackberry will be able to charge a premium for this service.

     

    While the 'focus' may shift to enterprise it doesn't mean the 100M and growing user base of BBM is suddenly going to stop. As BB10 handsets slowly regain traction this user base will continue to grow. As it will once Voice and Video fully rolls out cross-platform.

     

    It is only a matter of time before BBM dominates mobile messenging.
    10 Feb 2014, 07:21 PM Reply Like
  • Island_Dweller
    , contributor
    Comments (639) | Send Message
     
    From first glance looks to be a smart move to bring in execs you are familiar with to move the company forward. Reminds me of two things: 1.) Electricity, path of least resistance meaning get people on board you don't have to convince therefore the restructuring can move quickly 2.) The Melissa Mayer effect meaning bring in familiar execs from previous successful companies.

     

    If Chen turns this company around, he'd have to make the list of best CEOs of the decade.
    10 Feb 2014, 07:30 PM Reply Like
  • jjtom
    , contributor
    Comments (443) | Send Message
     
    Hey so what even if Bocking did depart for an other company, its not the first time or last time someone will leave a company to pursue something else. It happens to all the companies even god forbid Apple! Why do you think they are trying to hire replacements by going after ex BB employees :)
    10 Feb 2014, 08:51 PM Reply Like
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