Quantcast


Last updated: August 16. 2013 5:41PM - 876 Views
Associated Press



Story Tools:

Font Size:

Social Media:

(AP) BlackBerry CEO Thorsten Heins could receive as much as $55.6 million if the company is sold and he is ousted from the top job.


Heins would receive $48 million in equity awards, based on the company's share price at the end of its latest fiscal year, according to a regulatory filing earlier this year. He would also get $7.5 million in compensation for his salary and bonus under the change of control provisions in his contract.


The company would pay $72,000 in benefits and retirement savings.


BlackBerry announced that a sale of the company was one option that would be considered under a strategic review of the company, which has lost market share to Apple and Android-based phones.


Associated Press
Comments
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus



Featured Businesses


Poll



Info Minute



Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com