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BlackBerry's CFO, CMO, and COO Leave Company
cagraham writes "In a pretty major executive shakeup, BlackBerry's Chief Financial Officer, Chief Marketing Officer, and Chief Operating Officer have all left the company. It's unclear whether the changes were brought about by new interim-CEO John Chen in order to facilitate company change, or represent an abandon-ship style exit after BlackBerry's failed bid to go private. The company announced that the CFO position would be filled by current SVP James Yersch, but gave no word on the other vacancies."
They shipped themselves out with the full security and convenience of cryptic golden parachutes.
Way to twist my argument. It's just gospel these days that there's nothing government can do that private enterprise can't do better.
Except that, if you'd been paying attention, it seems that plenty of businesses, big and small, fuck up spectacularly and/or go down in blaze of glory (or whimper of acquisition).
So it seems to me that large, goal-oriented groups all have an equal chance of failure, whether there's a profit motive or not.
Yet, the mantra still is "Private enterprise is better than public." Wonder why that is.
Linux, you magnificent bastard, I read the fucking manual!
Except that the CFO leaving usually means that a company is bankrupt. After all, he is the first one to know.
Executive positions are some of the most generic jobs in the world, and anyone can fill them - in fact, executive decisions are no better than random.
Just give them to three of the most loyal janitors at RIM - I'm sure they would do no worse a job than any random super-rich executive in the US.