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BlackBerry president and chief executive officer Thorsten Heins attends the launch of the RIM Blackberry 10 devices in New York in this file photo taken January 30, 2013.
BlackBerry president and chief executive officer Thorsten Heins attends the launch of the RIM Blackberry 10 devices in New York in this file photo taken January 30, 2013.
(Shannon Stapleton/Reuters)

Heins’s failure a black mark for BlackBerry’s board

BlackBerry Ltd.’s decision to dump its CEO is a black mark on its board of directors. Not because dismissing Thorsten Heins is a mistake – but because the board never should have put him in the corner office in the first place. He was the wrong leader with the wrong strategy at the wrong time. The board seriously misjudged what the floundering company needed – a colossal fumble that cost BlackBerry nearly two years, almost $5-billion of market value, and quite possibly its only decent chance for survival.