BB: BlackBerry (fka RIMM: Research in Motion) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : BB: BlackBerry (fka RIMM: Research in Motion)

BB 4.275

-2.5%

Dec 17 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: kidl	6/17/2022 7:52:52 AM
	Read Replies (1) of 1829

Globe says BlackBerry slogs along but CEO rides high BlackBerry Ltd (C:BB) Shares Issued 577,168,941 Last Close 6/16/2022 $6.56 Thursday June 16 2022 - In the News The Globe and Mail reports in its Thursday edition that we will soon enter the 10th year of the John Chen turnaround era at BlackBerry. The Globe's David Milstead writes that the shares today trade for less than they did when he took over as chief executive officer in November, 2013. In the fast-moving world of technology, BlackBerry seems to slog along with not much to show for all its efforts. Mr. Chen does have a lot to show for it, however. As long-term shareholders have suffered, Mr. Chen has been able to sell $96.5-million (U.S.) worth of BlackBerry stock. This year, angry shareholders will have an opportunity to demonstrate their displeasure with the company's pay packages. The two major proxy advisers, ISS and Glass Lewis, have each recommended a "no" vote on the company's non-binding "say-on-pay" resolution, to be voted on next week at the annual meeting. They did that last year, too, when BlackBerry got 59 per cent of shareholders to vote in favour. The normal level of say-on-pay support in Canada is above 90 per cent. Glass Lewis also suggests shareholders sack the entire compensation committee by withholding their votes for three directors: Michael Daniels, Richard Lynch and Fairfax's Prem Watsa. © 2022 Canjex Publishing Ltd.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next