BlackBerry extends CEO John Chen’s contract through 2023

WATERLOO, ON - BlackBerry has extended executive chairman and CEO John Chen's contract by five years through November 2023, the company said Thursday.Chen, who joined BlackBerry in November 2013, has led BlackBerry through a turnaround that has seen the former smartphone maker shed its hardware manufacturing business, return to financial stability, and make strategic investments in cybersecurity and embedded software that today are delivering the bulk of the company’s revenue and growth.The five-year contract extension for Chen is weighted toward long-term performance-based equity and cash awards, in addition to a time-based equity award, BlackBerry added. There will be no change...