Incoming BlackBerry Chief Gets $88 Million Pay Package
Nov 11, 2013, 21:26 IST
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He arrives as former CEO Thorsten Heins leaves the company. Heins was paid considerably less, $9 million last year.
It's still not clear what Heins' exit will cost the company. He has an exit package worth up to $56 million. But currently his departure is being positioned as a resignation. Under that scenario, Heins would leave with nothing.
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It's more likely, however, that Heins only agreed to resign after securing a package in return for a quiet transfer of power.