BlackBerry’s chain will remain until 2023

BlackBerry Executive Chairman and Chief Executive Officer John Chen renews the tenure of the company for five years, the Board of Directors of this organization. BlackBerry was once known as Canada’s famous mobile phone company. But the smartphone market was not able to cope with the intense competition. Now the organization is working with the importance of the software sector. The executive chairman and chief executive officer of the company John Chen helped BlackBerry turn around and move forward with new goals.

The Blackberry Authority said that because of the five-year renewal of the contract, Chan will be acting as Blackberry by November 2023. Blackberry said on Thursday. The information was reported in a report by Reuters news agency.

Chan, once popular smartphone maker BlackBerry was in the market, was in charge. After coming to Blackberry in November 2013, he brought changes in the organization’s work. BlackBerry started to focus on cyber security and software, as well as stepping away from producing handset handsets. In addition, several companies have acquired.

Prem Wasta, chief manager of the BlackBerry Board, said that the chain has helped the company to tremendously revolve. In particular, the BlackBerry’s original energy space and resources have been applied to the enterprise of thought. There is a huge potential in this sector.

Though he is involved in the new agreement, he has not been able to change his salary and allowances. But he has the opportunity to get financial bonuses with long-term shareholding, he said.