01-24-14 08:01 PM
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  1. BBPandy's Avatar
    BBPandy
    That's not bad for 2 months of work....
    John Chen, BlackBerry CEO, Has Made $138 Million Since Taking Job
    01-23-14 07:10 AM
  2. Tre Lawrence's Avatar
    Tre Lawrence
    Between Realities
    Sounds smart to pay the guy a good portion in stocks. Great motivation.
    01-23-14 07:18 AM
  3. ayandakeith's Avatar
    ayandakeith
    As long as he gets the job done and BBRY continues to climb


    Posted via CB10
    01-23-14 07:21 AM
  4. neteng1000's Avatar
    neteng1000
    He has made all of us investors money so I'm okay with that.

    Posted via CB10
    FSeverino likes this.
    01-23-14 08:38 AM
  5. theRock1975's Avatar
    theRock1975
    He's worth every penny.

    Posted via CB10
    01-23-14 08:49 AM
  7. KenFletch's Avatar
    KenFletch
    Iirc none of those shards have vested yet. His deal had the shares at the back end of it end of year 3 4 and 5..

    My puny holdings have almost dou led since he started. Like that a lot. Problem is they need the go up another 60% to be even

    But it will get there

    Posted via CB10
    01-23-14 08:49 AM
  8. Poirots Progeny's Avatar
    Poirots Progeny
    "money for nothing and the cheque's for free"

    Sent from Tapatalk
    JeepBB likes this.
    01-23-14 10:46 AM
  9. GTiLeo's Avatar
    GTiLeo
    Originally Posted by neteng1000
    He has made all of us investors money so I'm okay with that.

    Posted via CB10
    Or lose less money
    01-23-14 11:00 AM
  10. FSeverino's Avatar
    FSeverino
    Originally Posted by neteng1000
    He has made all of us investors money so I'm okay with that.

    Posted via CB10
    Exactly!

    Better than someone tanking the company and taking 50 mil for doing so. Been there, done that.

    Posted via CB10
    01-23-14 12:51 PM
  11. sixpacker's Avatar
    sixpacker
    Originally Posted by theRock1975
    He's worth every penny.

    Posted via CB10
    What 138 million for executing thors plan? Doesn't sound good value to me, especially given they've fired 40% of the workforce.

    Posted via SwiftKey / htc one
    skibnik and deptech like this.
    01-23-14 12:51 PM
  12. birdman_38's Avatar
    birdman_38
    That's an excessive amount of money. But I agree with a performance incentive agreement.

    Anyone know what his severance package is?
    JeepBB likes this.
    01-23-14 01:02 PM
  13. wincyUt's Avatar
    wincyUt
    Originally Posted by Poirots Progeny
    "money for nothing and the cheque's for free"

    Sent from Tapatalk
    Pardon me, isn't it "...chicks for free.."
    01-23-14 04:48 PM
  14. Shaif's Avatar
    Shaif
    Dammnnn I would do it for half


    Posted via CB10
    01-23-14 04:51 PM
  15. BBPandy's Avatar
    BBPandy
    Originally Posted by Poirots Progeny
    "money for nothing and the cheque's for free"

    Sent from Tapatalk
    Originally Posted by wincyUt
    Pardon me, isn't it "...chicks for free.."
    When your the CEO of a multinational company, it's both

    Posted via CB10
    Poirots Progeny likes this.
    01-23-14 07:48 PM
  16. aniym's Avatar
    aniym
    Big deal, it's paper wealth. If the shares dive to $6 again, is he really going to have "lost" 50 million?

    Sent from Galaxy Mega 6.3 using Tapatalk
    rthonpm likes this.
    01-23-14 08:20 PM
  17. RubberChicken76's Avatar
    RubberChicken76
    Originally Posted by theRock1975
    He's worth every penny.

    Posted via CB10
    The jury is still out for me on that. I'll be interested to see what happens in 12 months, 18 months and 24 months.

    Thorsten Heins did a lot of things I liked initially too - became more open with the press, got rid of a lot of execs I hated, streamlined etc. But in the end, BlackBerry 10 was not a successful launch under his watch. And it took a few quarters to see the full picture.

    I reserve the same eye for John Chen.
    TGR1 likes this.
    01-23-14 10:05 PM
  18. sixpacker's Avatar
    sixpacker
    Originally Posted by aniym
    Big deal, it's paper wealth. If the shares dive to $6 again, is he really going to have "lost" 50 million?

    Sent from Galaxy Mega 6.3 using Tapatalk
    Yes, because he could sell now.
    01-24-14 02:19 AM
  19. rthonpm's Avatar
    rthonpm
    Trusted Member
    Originally Posted by sixpacker
    Yes, because he could sell now.
    Just like in the US, I would think that Canada has regulations on just how much stock interest in their company an executive can sell.

    Posted via CB10
    01-24-14 05:23 AM
  20. BBPandy's Avatar
    BBPandy
    Originally Posted by sixpacker
    Yes, because he could sell now.
    He can't anyway. Those shares are locked in for 3 years or something. He can add shares & sell them if he wants but that initial 3 million shares can't be touched until X date

    Posted via CB10
    01-24-14 07:06 AM
  21. birdman_38's Avatar
    birdman_38
    At this rate, he could be a billion dollar CEO.
    01-24-14 08:01 PM
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