Thorsten Heins

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Thorsten Heins
ThorstenHeins-February2013-edit03.jpg
Born (1957-12-29) 29 December 1957 (age 62)
Nationality German Canadian
Alma mater University of Hannover
OccupationTechnology executive, former CEO of Powermat Technologies, former CEO of BlackBerry

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. [1] [2]

Contents

Career

Siemens

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. [3]

BlackBerry

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. [4] 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 [5] and ranked a year later as third on a list of the worst CEOs of 2013. [6]

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. [7] [3] 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.’" [2]

Powermat

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. [8]

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. [9] Heins had earlier threatened to leave due to what he called a hostile work environment. [10] [11]

Public service

As of 2012, Heins served on the board of the German Canadian Chamber of Industry and Commerce in Toronto. [12] As of 2016, Heins serves on the University of Waterloo's board of governors. [13]

Early life, education, and family

Heins was born in Gifhorn, Germany in 1957. He has a graduate diploma in science and physics from the University of Hannover. Heins has a daughter and a son with his wife, Petra. [12]

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References

  1. "Former BlackBerry CEO Heins Named Chairman of Startup Powermat". Bloomberg News. Retrieved 2015-03-31.
  2. 1 2 Perkins, Tara (11 November 2013). "Never asked former CEO Heins to leave BlackBerry, Watsa says". Globe and Mail. Canada. Retrieved 13 July 2013.
  3. 1 2 Cheng, Roger (22 November 2014). "Ex-BlackBerry CEO Heins: 'I have no regrets' (Q&A)". CNET. United States. Retrieved 13 July 2016.
  4. "Thorsten Heins: Executive Profile & Biography". BusinessWeek. Retrieved 2012-01-23.[ dead link ]
  5. "Thorsten Heins: Cantech Letter's 2012 TSX Executive of the Year". Cantech Letter . Retrieved 2015-03-31.
  6. "The worst CEOs of 2013". BBC. Retrieved 2014-06-06.
  7. Arthur, Charles (2013-11-04). "BlackBerry fires CEO Thorsten Heins as $4.7bn Fairfax rescue bid collapses". The Guardian. Retrieved 2013-11-04.
  8. "Despite rumours, former BlackBerry head Thorsten Heins remains CEO of Powermat". MobileSyrup. 2016-03-02. Retrieved 2020-03-20.
  9. Cheng, Roger (28 June 2016). "Ex-BlackBerry CEO Heins resigns from wireless charging company". CNET. United States. Retrieved 13 July 2016.
  10. Jain, Aman (30 June 2012). "Former BlackBerry Ltd CEO Heins Quits As Powermat CEO". ValueWalk. United States. Retrieved 13 July 2016.
  11. 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.
  12. 1 2 Sacco, Al (2012-01-23). "10 Things to Know About RIM's New CEO, Thorsten Heins". CIO. Retrieved 2020-03-20.
  13. "Board of Governors - membership". Secretariat. 2012-05-08. Retrieved 2020-03-20.
Business positions
Preceded by
Jim Balsillie/Mike Lazaridis (co-chairs)
BlackBerry CEO
2012-2013
Succeeded by
John S. Chen