BlackBerry names John Wall as president of QNX division

WATERLOO, ONTARIO - BlackBerry Limited (NYSE:BB)(TSX:BB) announced Monday the appointment of John Wall as President of its QNX division, effective immediately. Wall will report to BlackBerry CEO John J. Giamatteo. The company, currently trading at $4.16, has delivered an impressive 81.09% return over the past year according to InvestingPro data, significantly outperforming with a 14.02% year-to-date gain.

Wall, who joined QNX in 1993, previously served as the division's Chief Operating Officer. During his tenure, he has held various senior positions across product engineering, service delivery and sales. According to the company statement, Wall has overseen the planning, design and development of QNX's product portfolio and contributed to its growth in automotive and embedded systems markets.

"John's experience and strong reputation in the industry position him uniquely to help drive the QNX business forward," said Giamatteo in the press release.

Wall replaces Mattias Eriksson, who is leaving BlackBerry to pursue other opportunities. Eriksson will remain as an advisor to the company until December 31 to facilitate the transition.

In his new role, Wall will lead QNX's efforts in expanding its presence in markets beyond automotive, including industrial automation and robotics, as mentioned in the company announcement.

BlackBerry's QNX division develops embedded software for various industries, with its latest product being the SDP 8.0 operating system. The company describes QNX as a "market-leading" division that provides "high-performance, foundational software" for automotive and other sectors.

Wall holds a Bachelor of Engineering degree from Carleton University.

In other recent news, BlackBerry Limited reported its second-quarter earnings for fiscal 2026, surpassing analyst expectations with an earnings per share of $0.04, compared to a forecast of $0.01. The company's revenue also exceeded projections, reaching $129.6 million against an expected $120.06 million. Following these results, RBC Capital raised its price target for BlackBerry to $4.50 from $4.00 while maintaining a Sector Perform rating, citing the strong earnings performance. TD Cowen also resumed coverage of BlackBerry with a Hold rating and a price target of $5.00, highlighting the company's potential for growth and expanding profit margins. Additionally, BlackBerry has launched a Women in Cyber Leadership Program in Malaysia, aimed at advancing women cybersecurity professionals into leadership roles. The company has also partnered with Universiti Kebangsaan Malaysia to develop the next generation of cyber-leaders and embedded software engineers. These initiatives reflect BlackBerry's ongoing commitment to fostering talent and leadership in the cybersecurity field.

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