Three of BlackBerry’s top execs are leaving the company as part of a broader management shuffle after acquisition attempts fell through.
BlackBerry announced Monday that its Chief Operating Officer, Kristian Tear, and Chief Marketing Officer, Frank Boulben, are both leaving the company. At the same time, Chief Financial Officer Brian Bidulka will be replaced by James Yersh, previously a senior vice president at the company.
The move comes three weeks after BlackBerry revealed that it would not be sold and would instead raise $1 billion in financing. As part of that announcement, BlackBerry replaced CEO Thorsten Heins with John S. Chen, who previously led SAP company Sybase.
“Building on this core strength, and in conjunction with these management changes, I will continue to align my senior management team and organizational structure, and refine the Company’s strategy to ensure we deliver the best devices, mobile security and device management,” Chen said in a statement.
BlackBerry’s business has struggled for much of this year after a failed bet on BlackBerry 10 devices. In September, BlackBerry announced that it would cut another 4,500 jobs and take a nearly $1 billion writedown on unsold Z10 devices.