---
schema_version: "secwatch.filing_event.v1"
accession: "0001070235-24-000102"
form_type: "8-K"
ticker: "BB"
cik: "0001070235"
company_name: "BLACKBERRY Ltd"
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:37:19.879977+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BlackBerry appoints Tim Foote as CFO; Steve Rai departs effective July 29, 2024

## Summary
- Tim Foote, formerly CFO of Cybersecurity division, named CFO; base salary $400K, bonus target 75%.
- Steve Rai resigns to pursue other opportunities; will stay as advisor through Sep 30, 2024.
- Jay Chai promoted to Chief Accounting Officer (new role); Fraser Deziel named Corporate Controller.
- Leadership changes align with strategy to operate Cybersecurity and IoT as separate divisions.
- Rai's departure not due to any disagreement with strategy, operations, or policies.

## SEC filing metadata
- accession: 0001070235-24-000102
- form_type: 8-K
- ticker: BB
- cik: 0001070235
- company_name: BLACKBERRY Ltd
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000102/0001070235-24-000102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000102/bbry-20240726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001070235-24-000102
- JSON: https://secwatch.observer/filing/0001070235-24-000102.json
- Plain text: https://secwatch.observer/filing/0001070235-24-000102.txt

## Key facts
- Executive change
  Jay Chai was appointed as Senior Vice President and Chief Accounting Officer at BLACKBERRY Ltd.
  - Action: appointed
  - Role: Senior Vice President and Chief Accounting Officer
  source text: The Company has also appointed Jay Chai, age 47, to the newly-created role of Senior Vice President and Chief Accounting Officer (“CAO”) with effect as of July 29, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000102/0001070235-24-000102-index.htm
- Executive change
  Tim Foote was appointed as Chief Financial Officer at BLACKBERRY Ltd.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Board of Directors of the Company has appointed Tim Foote, age 44, to replace Mr. Rai as CFO with effect as of July 29, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000102/0001070235-24-000102-index.htm
- Executive change
  Steve Rai resigned as Chief Financial Officer at BLACKBERRY Ltd.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Steve Rai, the Company’s Chief Financial Officer (“CFO”), intends to leave the Company to pursue other opportunities
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070235/000107023524000102/0001070235-24-000102-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.