BlackBerry's Heins, Fairfax's Watsa And The $55 Million Handshake

Now watching

Next video starts in : 7 Play

BlackBerry's Heins, Fairfax's Watsa And The $55 Million Handshake

BlackBerry's Heins, Fairfax's Watsa And The $55 Million Handshake
Replay video
Up next

How this woman tracked down her identity thief

Unlock your personal NFL Now stream by signing in to NFL.com

BlackBerry's Heins, Fairfax's Watsa And The $55 Million Handshake

by Wochit 0:40 mins

Months before Fairfax Financial Holdings bid $4.7 billion for BlackBerry, Fairfax boss Prem Watsa played a role in securing a golden parachute worth as much as $55 million for Thorstein Heins, the smartphone maker's chief executive. The new contract that Heins signed in May tripled his compensation to an estimated $55.6 million if there is a change of control at BlackBerry, up from $18.9 million previously, according to a securities filing on May 21.

View Comments (0)