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BlackBerry Board Shuffles: Watsa Resigns, Brace Appointed

BlackBerry Board Shuffles: Watsa Resigns, Brace Appointed

BlackBerry (BB) has released an update to notify the public and investors about its officers.

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V. Prem Watsa announced his resignation from the Board of BlackBerry Limited and its Compensation, Nomination and Governance Committee, effective February 15, 2024, after serving since November 2013, with no disagreements prompting his departure. The next day, Philip Brace was appointed to the Board and its relevant committee, set to receive standard non-employee director compensation and indemnification, as outlined in previous SEC filings. No reportable transactions exist between Brace and the company, and his appointment was not influenced by any external arrangements.

For further insights into BB corporate activity, check out TipRanks’ Insiders Trading Activity page.

For a comprehensive understanding of the announcement, you can read the full document here.

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