Thorsten Heins (born 29 December 1957) is a German-Canadian businessman and the former chief executive officer (CEO) of BlackBerry. He stepped down as CEO of BlackBerry and was replaced by John Chen on November 4, 2013. Heins later served as the CEO of Powermat Technologies.
29 December 1957 |
Gifhorn, West Germany
|Alma mater||University of Hannover|
|Occupation||Technology executive, former CEO of Powermat Technologies, former CEO of BlackBerry|
Heins spent 23 years working at Siemens. He served in several positions related to wireless technology including the chief technology officer of Siemens' communications division and several general management roles in hardware and software.
Heins joined Research In Motion (now BlackBerry) in 2007. He rose through the ranks starting as senior vice president of BlackBerry's handheld unit; chief operating officer for product engineering, and finally chief operating officer for product and sales in July 2011. In January 2012, Heins was named to succeed co-founders Jim Balsillie and Mike Lazaridis as president and CEO. During his time as CEO, the company continued to struggle in a rapidly changing market. Heins was responsible for BlackBerry's development of the BlackBerry 10 line of consumer and enterprise devices. In 2012, Heins was named Cantech Letter’s 2012 TSX Executive of the Year and ranked a year later as third on a list of the worst CEOs of 2013.
Heins was replaced by John Chen, a veteran Silicon Valley executive, during a November 2013 management shakeup and left the company with a $13.8 million severance. Prem Watsa, the board member who recruited John Chen said, “Thorsten did a very good job given the hand that he was dealt, but resigned because you can’t have two people being in charge. He said to me, ‘It’s very appropriate for me to resign. I like John Chen, but I’m a CEO and there is one person in charge.’”
After leaving BlackBerry in 2013, Heins went on to become the chairman and CEO of Powermat Technologies. During Heins' tenure Powermat secured an agreement from Samsung to incorporate its wireless charging technology into future smartphones.
Heins found himself in the middle of a battle between two factions on Powermat's board. Since October 2015, he and some board members were the target of a lawsuit by other Powermat board members led by founder Ran Poliakane for allegedly running the company without an approved budget. Investors like Goldman Sachs and Hudson Clean Energy backed Heins. Heins and other board members, constituting a majority of the directors, countersued. Heins resigned from Powermat in July 2016. Heins' resignation helped settle the lawsuits just mentioned and allowed for new investment from several important shareholders. Heins had earlier threatened to leave due to what he called a hostile work environment.
Early life, education, and familyEdit
- "Former BlackBerry CEO Heins Named Chairman of Startup Powermat". Bloomberg News. Retrieved 2015-03-31.
- Perkins, Tara (11 November 2013). "Never asked former CEO Heins to leave BlackBerry, Watsa says". Globe and Mail. Canada. Retrieved 13 July 2013.
- Cheng, Roger (22 November 2014). "Ex-BlackBerry CEO Heins: 'I have no regrets' (Q&A)". CNET. United States. Retrieved 13 July 2016.
- Thorsten Gerhard Heins. "Thorsten Heins: Executive Profile & Biography - BusinessWeek". Investing.businessweek.com. Retrieved 2012-01-23.
- "Thorsten Heins: Cantech Letter’s 2012 TSX Executive of the Year". Cantech Letter. Retrieved 2015-03-31.
- "The worst CEOs of 2013". BBC. Retrieved 2014-06-06.
- Nov 4, 2012 12:32 PM EST (2013-11-04). "BlackBerry fires CEO Thorsten Heins as $4.7bn Fairfax rescue bid collapses". The Guardian. Retrieved 2013-11-04.
- Cheng, Roger (28 June 2016). "Ex-BlackBerry CEO Heins resigns from wireless charging company". CNET. United States. Retrieved 13 July 2016.
- Jain, Aman (30 June 2012). "Former BlackBerry Ltd CEO Heins Quits As Powermat CEO". ValueWalk. United States. Retrieved 13 July 2016.
- Slater-Robbins, Max (11 December 2015). "The ex-CEO of BlackBerry is being sued by members of his board for allegedly creating a 'serious trust crisis'". Business Insider UK. United Kingdom. Retrieved 13 July 2016.
Jim Balsillie/Mike Lazaridis (co-chairs)
John S. Chen