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Posted in 2013 contender | 0 comments

Blackberry: 5 Executives

Why this was a big quit:
Blackberry has made our list before, and an executive retention strategy would be highly valuable at this point. This year they lost their VP of Social Networks, Calendar/Contacts, COO, CMO, and CEO. Among the 5 executives that quit Blackberry, Marc Gingras’s departure will leave a bruise. As the creator of one of the few well-received inventions of the “hub”, his innovation helped keep overseas purchases afloat as US purchases plunged.

Why this is not as big as our Top 10 :
When the buyout bid failed and the company was no longer for sale, CEO Thorsten Heins was out but not on his own prerogative. Given the state of the company’s market share decline (now at 3% of mobile devices), each subsequent quit has a numbing effect for all involved [3].