Dump Heins

It is obvious that Heins has lost to confidence of many of the shareholders and Wall St. too.
He is leading the push to sell the company or take it private. That seems to be a fiasco.

The only logical thing is to get a new CEO and have that CEO say that his vision is for BlackBerry to stay independent and fight on in the smartphone market and the other areas they are involved in in mobile computing.

Heins cannot change his tact again because it will just look like someone who is flailing away at any option but someone new can look decisive and not be encumbered by the decisions of Heins and the board of directors to date.

Too late now, the damage is done. With perfect hindsight, maybe a progeny of the twins was not a good idea after all.

It's best to stop the bleeding while there is still blood

Originally Posted by Bold_until_Hybrid_Comes

It's best to stop the bleeding while there is still blood

They'll have to bleed another $55 M to get rid of him.

Originally Posted by timmy t

It is obvious that Heins has lost to confidence of many of the shareholders and Wall St. too.
He is leading the push to sell the company or take it private. That seems to be a fiasco.

The only logical thing is to get a new CEO and have that CEO say that his vision is for BlackBerry to stay independent and fight on in the smartphone market and the other areas they are involved in in mobile computing.

Heins cannot change his tact again because it will just look like someone who is flailing away at any option but someone new can look decisive and not be encumbered by the decisions of Heins and the board of directors to date.

People keep saying to get rid of Heins. That would be even worse than anything Heins could do to the company right now. You're in the middle of the ish...and you want to pull the CEO to find a new CEO who'd be willing to pick up the past 3 CEO's mess. Gimme a break. Heins has done well with what he was given, anyone saying otherwise clearly doesn't understand the junk he was handed when he took over. If anything, he's the fall guy.

Originally Posted by Bla1ze

People keep saying to get rid of Heins. That would be even worse than anything Heins could do to the company right now. You're in the middle of the ish...and you want to pull the CEO to find a new CEO who'd be willing to pick up the past 3 CEO's mess. Gimme a break. Heins has done well with what he was given, anyone saying otherwise clearly doesn't understand the junk he was handed when he took over.

Also, I don't understand why people are so up in arms with his $55 million should he get replaced if the company gets bought out. Do you think anyone likes inheriting a sinking company? Enjoys laying off thousands of employees? Trying to figure out how to quickly fix a mess that predecessors spent >5 years making? Trying to fix Blackberry and any other failing company is highly stressful job with a low chance of success. The only way to get any sort of competent CEO is to promise a large sum of money regardless of whether he/she succeeds or fails.

I think Heins deserves the 55 Million payout without question .. i would insist however he take payment in the form of a truckload of unsold Z10 phones..

Originally Posted by Highcroft

Also, I don't understand why people are so up in arms with his $55 million should he get replaced if the company gets bought out. Do you think anyone likes inheriting a sinking company? Enjoys laying off thousands of employees? Trying to figure out how to quickly fix a mess that predecessors spent >5 years making? Trying to fix Blackberry and any other failing company is highly stressful job with a low chance of success. The only way to get any sort of competent CEO is to promise a large sum of money regardless of whether he/she succeeds or fails.

heins 57 sauce deserves nothing but 55 million lashes with a kendo stick.

Sent from my BlackBerry 9930 using Tapatalk

His problem was that they built a great product in the BB10 phones and he mistakenly thought they would sell themselves. Zero effort was put into promoting the phones at the consumer level in storefronts or kiosks were the consumers buy the phones. Too not see that is a huge mistake. In My opinion THE NUMBER ONE mistake that was made that led to Blackberry's downfall. The products themselves are great but if you don't put them into the hands of potential customers you fail.

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I myself don't understand people's fixation on Mr. Heins buyout package if he is dismissed.

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Wasn't he dumped already? Last time I heard from him was three months ago....

Originally Posted by Bla1ze

People keep saying to get rid of Heins. That would be even worse than anything Heins could do to the company right now. You're in the middle of the ish...and you want to pull the CEO to find a new CEO who'd be willing to pick up the past 3 CEO's mess. Gimme a break. Heins has done well with what he was given, anyone saying otherwise clearly doesn't understand the junk he was handed when he took over. If anything, he's the fall guy.

If he didn't have the wear with all to fix things then why did he take the job? Not sure why he gets a pass because he tried. He knew what he was getting into. But now he'll potentially get a big payout for failing? That's unacceptable. Others have taken over failing companies and turned them around. He wasn't able to so he FAILED. The fact that the CEOs before him failed isn't an excuse either.

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Originally Posted by Bla1ze

People keep saying to get rid of Heins. That would be even worse than anything Heins could do to the company right now. You're in the middle of the ish...and you want to pull the CEO to find a new CEO who'd be willing to pick up the past 3 CEO's mess. Gimme a break. Heins has done well with what he was given, anyone saying otherwise clearly doesn't understand the junk he was handed when he took over. If anything, he's the fall guy.

That is just the party line at this point. Get rid of Heins. It is all Heins' fault. Yeah, okay. Sure. However, getting rid of Heins at this juncture would really speed up BlackBerry's demise. Yet, there are daily threads calling for Heins' head on a platter. Okay. Whatever. But, be careful what you wish for.

Originally Posted by Bla1ze

People keep saying to get rid of Heins. That would be even worse than anything Heins could do to the company right now. You're in the middle of the ish...and you want to pull the CEO to find a new CEO who'd be willing to pick up the past 3 CEO's mess. Gimme a break. Heins has done well with what he was given, anyone saying otherwise clearly doesn't understand the junk he was handed when he took over. If anything, he's the fall guy.

Yes he did good with cost cutting and building a great product...But he was equally wrong with Pricing the phone too high to the point it never got a survival chance , keeping white exclusive with Verizon, over stuffing the inventory, pumping up the stock with very aggresive commentry early on...list goes on and on...Pricing to me was the most stupid aspect of the whole story

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