Yesterday, we told you all about BlackBerry CEO John Chen’s five-year contract extension. Now, the executive will be hanging around until 2023 unless another extension is signed before then. At the same time, his benefits package could exceed $300 million depending on how well the stock does over the five year period of the new contract. Should BlackBerry hit $30 (based on a ten-day moving average), the executive’s complete stock package immediately vests. Considering that the stock closed today at $12.95, Chen has a long way to go for that to happen.
BlackBerry, in case you don’t …