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BlackBerry Names Bryan Palma The Company’s New President And COO

BlackBerry Ltd. (TSX:BB) has announced Bryan Palma as the company’s new President and Chief Operating Officer. He will report to Chief Executive Officer John Chen.

Palma will be responsible for BlackBerry’s core products and services, including its Internet of Things business that incorporates connected devices such as cars and smart speakers, the company said in a statement issued early Monday morning. Palma previously held the role of General Manager of Customer Experience for the Americas at Cisco Systems Inc.

"Bryan is an excellent addition to our team given his proven experience delivering growth for strategic industry providers," Chen said in a written media statement, adding that Palma would also play a key role in integrating Cylance Inc., the cybersecurity company that BlackBerry acquired last year.

In December, BlackBerry reported quarterly sales that beat analysts’ forecasts, extending a run of positive surprises on that metric to six quarters and signaling that its reinvention as a software company is showing positive returns.