BlackBerry Co-Founder Lazaridis Leaving Board May 1
BlackBerry co-founder and Vice Chairman of the Board Mike Lazaridis will resign from the board on May 1, 2013, the company announced today in its fourth-quarter and year-end fiscal report.
Lazaridis co-founded BlackBerry almost 30 years ago and served as co-CEO of the company until last year, when he became vice chairman of the board. Last week, Lazaridis announced a new project he was started, called Quantum Valley Investments. Current BlackBerry CEO Thorsten Heins said in a BlackBerry statement, " I admire Mike for his many achievements and for his vision in helping bring BlackBerry 10 to fruition."
Lazaridis said in the release that, "With the launch of BlackBerry 10, I believe I have fulfilled my commitment to the Board." In the same press release announcing Lazaridis' move, BlackBerry announced shipments of 6 million smartphones for the fourth quarter, including approximately 1 million BlackBerry 10 units.
The article BlackBerry Co-Founder Lazaridis Leaving Board May 1 originally appeared on Fool.com.
Fool contributor Chris Neiger has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
