– CANADA, ON – BlackBerry Limited (TSX: BB / NYSE: BB) today announced the appointment of Phil Brace to its Board as an Independent Director, effective February 8, 2024, bringing the Board to 7 members of whom 6 are independent.
“We are delighted to welcome Phil to the BlackBerry board. Phil brings deep business acumen and a wealth of relevant experience in many areas of technology, including IoT, one of BlackBerry’s principal target markets,” said Board Chair, Dick Lynch.
Phil Brace will join the Compensation, Nomination, and Governance Committee.
The company also announced that Prem Watsa resigned from the Board of Directors
About Philip Brace
Mr. Brace has an extensive background in the IoT, semiconductor, server, and storage industries. His roles over the past 3 decades include a wide array of functions, including software, hardware, engineering, marketing, and sales. Most recently, from July 2021 to January 2023, Mr. Brace served as President and CEO of leading Canadian wireless communications designer, Sierra Wireless Inc., where he led the company through operational improvements that increased profits by more than 100 percent and grew revenue by more than 40 percent, culminating in a successful acquisition by Semtech Corporation. Before this, Phil Brace served as EVP at Veritas Technologies, President of Seagate Technology’s Cloud Systems and Electronic Solutions, Executive Vice President at LSI Corporation, and General Manager at Intel Corporation.
Mr. Brace said, “I’m excited to join the BlackBerry Board of Directors at such a pivotal time in the Company’s history. BlackBerry’s technology and market position provides significant opportunities to help enhance value for our customers and shareholders.”
Mr. Brace holds a Bachelor of Applied Science degree in Computer Engineering from the University of Waterloo and a Master’s degree in Electrical Engineering from California State University, Sacramento. He has also participated in the Stanford University Directors’ Consortium. Mr. Brace is also a member of the Board of Directors at Lantronix Inc. and Inseego Corp.
BlackBerry provides intelligent security software and services to enterprises and governments around the world. The company’s software powers over 235M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy and is a leader in the areas of endpoint security management, encryption, and embedded systems. BlackBerry’s vision is clear – to secure a connected future you can trust.
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