BlackBerry will keep John Chen as CEO through 2023

John Chen will remain BlackBerry’s chief executive through at least November 2023, the company announced today. BlackBerry credits Chen with reversing what once appeared to be doomed prospects by eliminating the company’s storied mobile hardware business and shifting its primary focus to “investments in cybersecurity and embedded software that today are delivering the vast majority of the company’s revenue and growth.”

In today’s press release announcing his contract extension, BlackBerry’s board of directors expressed “tremendous confidence” in Chen, saying “John engineered a successful turnaround and has the company repositioned to apply its strengths and assets to the Enterprise of Things, an emerging category with massive…

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