1. shiftymagoo's Avatar
    01-04-16 11:01 AM
  2. tracks914's Avatar
    Wow, and to produce what? An Android phone? OOOh , I'd do the job for a tenth that price. And produce a Priv mini.
    01-04-16 11:46 AM
  3. jope28's Avatar
    Hey, he's just playing the game.

    Kudos to him and his personal success.
    As long as there isn't any cheating, ill-will or malice, nothing wrong with it.

     Frosty White Q10/.2876 CB10 
    paulbbp, kbz1960, TGR1 and 1 others like this.
    01-04-16 12:16 PM
  4. P2 SK's Avatar
    "The highest paid CEO, according to the study, was BlackBerry's John Chen, who took home $89.7 million in total compensation.
    Donald Walker of Magna International Inc. was the next highest paid, pocketing $23.4 million. "

    That's one hell of a difference. I'm quite the socialist, but paying John Chen that much more money actually makes sense. The bigwigs have a lot of money invested in BlackBerry. They need a guy to turn around their investment. And considering how toxic BlackBerry is, I'm surprised someone as qualified as John Chen a) took the job, and b) took the job for that much and not more.

    [merged by SF ]
    ...price investors pay to save their investments.

    / tax the rich.

    Posted via CB10
    Last edited by Superfly_FR; 01-04-16 at 01:26 PM. Reason: Merged your 2 posts
    01-04-16 01:07 PM
  5. ToniCipriani's Avatar
    Considering most of his pay is stock options, does that number have anything to do with the surging BlackBerry stock prices the past few days?

    His actual salary is lowest amongst the CEOs.

    And lol to the all those angry comments over at MobileSyrup: BlackBerry's CEO is Canada's top-paid executive | MobileSyrup.com
    01-04-16 02:03 PM
  6. missing_K-W's Avatar
    All that for not doing much.

    Posted via CB10
    lift likes this.
    01-04-16 02:31 PM
  7. webber27's Avatar
    Looking at the report, he makes $1M in salary and the rest is stock options, which is far from the same thing as annual income.

    Posted via CB10
    TGR1, DueNorthBB and TgeekB like this.
    01-04-16 09:46 PM
  8. grahamf's Avatar
    Considering most of his pay is stock options, does that number have anything to do with the surging BlackBerry stock prices the past few days?

    His actual salary is lowest amongst the CEOs.

    And lol to the all those angry comments over at MobileSyrup: BlackBerry's CEO is Canada's top-paid executive | MobileSyrup.com
    That makes a bit more sense. Considering that Blackberry is still in the recovery stage, I'd be surprised if it was letting Chen take home so much bacon.
    01-05-16 12:09 AM
  9. early2bed's Avatar
    Well, it's only about $20 for every single handset that BlackBerry sold last year.
    01-05-16 01:51 PM
  10. jellybeen's Avatar
    No wonder the BlackBerry phones are expensive......salary and stock options won't lose money...only $20 a phone...what a bunch of crap. No one is worth that salary amount especially a BlackBerry CEO.

    Posted via CB10
    01-06-16 10:48 AM
  11. shupor's Avatar
    Considering most of his pay is stock options, does that number have anything to do with the surging BlackBerry stock prices the past few days?

    His actual salary is lowest amongst the CEOs.

    And lol to the all those angry comments over at MobileSyrup: BlackBerry's CEO is Canada's top-paid executive | MobileSyrup.com
    Possibly so but his total compensation was $89 million during the review period. In the grand scheme of things, there has just been a $1 drop between year end value of BBRY stock in 2014 vs. 2015 so it is likely his total 2015 compensation will be pretty up there.

    Another unknown is if he received additional stock options in his 2015 compensation, without having to offload 2014 stock options. This would give him the potential to have received an even greater compensation for 2015.
    Last edited by shupor; 01-06-16 at 10:53 AM. Reason: Grammar
    andy957 likes this.
    01-06-16 10:51 AM
  12. KermEd's Avatar
    Looking at the report, he makes $1M in salary and the rest is stock options, which is far from the same thing as annual income.

    Posted via CB10
    I agree stock options aren't always income, however I believe the stock part is past the date meaning he can sell them anytime and deposit 80m+ to his bank overnight - its cash to him . They do have value but I'd have to see more details on the stock to say if it's really the total stated.

    Annual income isn't just salary though when it comes to Canadian Taxes. Low salaries are used when they need to pay you out through dividends or other measures for tax sheltering. He's still getting 80+ million, it's just not through salary, and likely not all at once.

    The only person profiting from BlackBerry, I think, is Chen.

    He is ridiculously overpaid in my person opinion...

    Posted to CB via my Passport | Lloyd Summers | FileArchiveHaven
    Last edited by KermEd; 01-06-16 at 11:19 AM.
    SeeBeeEss likes this.
    01-06-16 11:04 AM
  13. KermEd's Avatar
    His actual salary is lowest amongst the CEOs.
    That's not entirely true, just among the ones they picked for the article - keeping in mind all the other CEO's also had their income as combined salary, stocks and benefits as well making it extremely unlikely he's actually bottom of the list.

    In comparison, the average CEO makes around 140K in Canada.

    http://www.payscale.com/research/CA/...r_(CEO)/Salary

    He's making approx. 8x what the average CEO makes... with added benefits also approx. 75x more than the average CEO. Putting him very much in the top 1% of Canadian CEO's, let alone the rest of Canada.

    Posted to CB via my Passport | Lloyd Summers | FileArchiveHaven
    Last edited by KermEd; 01-06-16 at 11:21 AM.
    01-06-16 11:07 AM
  14. ToniCipriani's Avatar
    That's not entirely true, just among the ones they picked for the article - keeping in mind all the other CEO's also had their income as combined salary, stocks and benefits as well making it extremely unlikely he's actually bottom of the list.

    In comparison, the average CEO makes around 140K in Canada.

    Chief Executive Officer (CEO) Salary (Canada)

    He's making approx. 8x what the average CEO makes... with added benefits also approx. 75x more than the average CEO. Putting him very much in the top 1% of Canadian CEO's, let alone the rest of Canada.

    Posted to CB via my Passport | Lloyd Summers | FileArchiveHaven
    If you read my entire comment, then you would figure out I was talking about cash salary.
    01-06-16 11:31 AM
  15. Emaderton3's Avatar
    Hasn't this been debunked now? The majority of that were stocks.

    Posted via CB10
    01-06-16 10:00 PM
  16. DamianWarS's Avatar
    Looking at the report, he makes $1M in salary and the rest is stock options, which is far from the same thing as annual income.

    Posted via CB10
    It means Chen is heavily invested in seeing a good outcome from BlackBerry. I'd say it's a pretty smart compensation.

    Posted via CB10
    01-07-16 07:08 AM
  17. keithhackneysmullet's Avatar
    Tim Cook CEO of Apple "only "made 10.3 million. Chen is out right fleecing BlackBerry . There is no way he is worth that kind of money. Everyone knew the only way to turn for BlackBerry was Android it doesn't take a 80 million dollar ceo to figure that out.


    Posted via CB10
    01-09-16 07:03 AM
  18. Old_Mil's Avatar
    The reason that CEO types prefer to be compensated in stock options is:

    1. Profits from the sale of those stock options are taxed at a much lower 15-20 percent capital gains rate vs the 25-50 percent rate for ordinary income.

    2. As CEOs are in the position to move the levers at a company they can make decisions which pump stock prices in the short term and increase their compensation even though that decision may be disastrous for a company as a going concern in the long term.

    A publically held corporation holds a very special place in society. It is a vehicle the general public can invest in and hope to see growth and income for retirement. Other institutions such as pension funds can do the same.

    Allowing employees to be compensated with ownership rights in these institutions should be banned.
    01-09-16 09:02 AM
  19. jtultu's Avatar
    All that for not doing much.

    Posted via CB10
    Yeah CEOs just sit at home watch tele. If they need to go meetings just Skype no worries.

    Z30STA100-2/10.3.2.2876
    01-14-16 06:38 PM
  20. nt300's Avatar
    He doesn't deserve such pay. As you can see by all the terrible decisions he's made since joining BlackBerry. Complete negligence and Incompetence within the HW division and Marketing department.
    And he continues the trend, by releasing the wrong devices. Lol

    Rocking a Z30
    01-22-16 09:59 AM
  21. Orange UK's Avatar
    Internal management takeover, or invest in Android, shares crash, sell to Google, rich Chen retires.


    Every recent CEO has raped the bank account for underperformance. No wonder BB is still failing.
    01-23-16 08:37 PM
  22. z10phil's Avatar
    Google will move in for checkmate, and will OWN BlackBerry this year 2016 . MARK MY WORDS!

    Posted via CB10
    01-30-16 09:18 PM
  23. anon(9710735)'s Avatar
    Why is he getting paid so much?

    Posted via CB10
    02-05-16 06:11 PM
  24. Doggerz's Avatar
    Why is he getting paid so much?

    Posted via CB10
    Takes skill to run a company into the ditch while at the same time having people think you're a great CEO. He pulls it off I'll give him that much. At least with the majority of people on this forum. Listening to them you'd think his initials stood for a different JC.

    Z30STA100-5 / 10.3.2.2813 / T-Mobile
    02-06-16 03:58 AM
  25. bugginout6106's Avatar
    He's smart enough to air a commercial on the new Hampshire debates, bout time he busted out sum moldy$ for a good purpose go PRIV

    ~sweetsweetPRIV
    02-06-16 09:19 PM

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