BlackBerry CEO John Chen to retire on Nov. 4

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BlackBerry CEO John Chen to retire on Nov. 4
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Jon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter @jswartz.

BlackBerry Ltd. BB, +6.45% on Monday said John Chen, its chief executive and executive chair, will retire from the company on Nov. 4. Richard “Dick” Lynch will succeed Chen as board chair and also serve as Interim CEO while BlackBerry completes its search for a permanent CEO.

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