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BlackBerry | 8-K: BlackBerry Appoints Philip Brace to its Board of Directors

SEC announcement · Feb 8 17:21

BB +2.82%

Summary by Moomoo AI

On February 7, 2024, BlackBerry Limited announced that board member V. Prem Watsa will resign from his position and from the Compensation, Nomination and Governance Committee, effective February 15, 2024. Watsa's departure is not due to any disagreements with the company's operations, policies, or practices. He has been a part of the BlackBerry board since November 2013. The following day, BlackBerry appointed Philip Brace to the board and the aforementioned committee, effective immediately. Brace brings extensive experience in IoT, semiconductor, and communications industries, having recently led Sierra Wireless Inc. as President and CEO. The company also issued a press release on February 8, 2024, detailing these board changes. BlackBerry, a leader in intelligent security software and services, is undergoing significant changes, splitting into two standalone divisions. The board will consist of 7 members, with 6 being independent directors, following these changes.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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The information summarized by Moomoo AI is generated automatically by a third-party artificial intelligence (AI) model based on the news content. It does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliated companies. Due to implementation limitations and technological capabilities, the AI-generated information quality may vary. You agree that any action you take upon the information on this page is at your own risk. You further agree that MTI and its affiliated companies shall not be held liable for any losses or damages incurred as a result of your use of the above information.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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