BlackBerry Appoints Tim Foote As New CFO

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Tim Foote is now BlackBerry Ltd.’s new Chief Financial Officer (CFO), the company said on Monday.

This was anniunced in a press statement, which also stated that Foot will answer directly to John J. Giamatteo, the business’s CEO, who was hired in December and will succeed Steve Rai, who opted to quit the company.

Indications are that with almost ten years of experience in finance, investments, and cybersecurity, Foote is a valuable asset to BlackBerry and will be crucial to the company’s success in the future.

Two more internal promotions were also announced by BlackBerry.

A year after John Chen took over as CEO of PMC-Sierra, Mr. Rai, a former corporate controller, joined BlackBerry in the same role in 2014.

BlackBerry was struggling at the time with the fast-declining smartphone market.

It quickly started to change, becoming a pure software company that focuses on mobile device management, linked cars, and cybersecurity for businesses and governments.

It was in 2019 that Mr Rai was appointed CFO.

“We are pleased to appoint Tim as our new CFO,” said Giamatteo. “Tim is a strong, respected and trusted leader within our finance organization, and he brings a wide range of experience from over two decades of senior finance roles in both public and private multinational companies.”

Since Mr. Chen’s departure, several senior executives who were closely close to him have left the company.

These individuals include Chief Marketing Officer Mark Wilson, Executive Vice President of Engineering Billy Ho, and Head of Human Resources Nita White-Ivy.

Mr. Chen previously led the California enterprise cybersecurity company Sybase, Inc.

Earlier report stated that effect from Monday, June 24, PayPal has named Srini Venkatesan, a former executive of Walmart’s U.S. Omni Platforms and Tech department, as its chief technology officer (CTO).

NFF moves to get Chelsea’s Tosin Adarabioyo to play for Nigeria

The Nigeria Football Federation (NFF) is seeking to compel new Chelsea FC player, Tosin Adarabioyo, to play for the Super Eagles of Nigeria.

Former Super Eagles coach, Jose Peseiro, once failed in his bid to convince the 26-year-old to play for the Super Eagles of Nigeria while he was still playing for Fulham.

However, according to Londonworld, the NFF is still pushing the defender who has passed down the opportunity to play for Nigeria on two occasions to reconsider his decision.

This comes days after Adarabioyo opened up on his first few weeks as a Chelsea player after sealing a move from Fulham FC.

The soccer star who reflected on his first few weeks at Chelsea while speaking with the club’s official website said that getting to know his teammates has been the real highlight.

Adarabioyo also informed that everyone at the club has been good to him which has made him settle as a player as he looks forward to having a great season ahead.

“All the training sessions and getting to know the boys have been real highlights. I’ve had a lot of fun so far,” Chelseafc.com.

“Everyone has been great with me and helped me settle. It’s been great getting to know all of them – and I think that’s shown in that picture of the winners in the gym session earlier in the week.