John Chen's fiscal 2015 compensation was down 96% (Spoiler Alert: he still made a fortune)

John Chen might have to make do with a diet of ramen noodles and crackers. BlackBerry's CEO took home $3.4 million during fiscal 2015, a sharp decline from the $85.8 million he pocketed the previous year. The 96% decline is somewhat misleading since most of Chen's 2014 compensation came from restricted stock that was awarded to him when he joined BlackBerry, and vests over five years.

Chen's actual salary in fiscal 2014 amounted to $1 million while in fiscal 2015, he received $1 million and $2.4 million in incentives. While BlackBerry has underperformed in the smartphone marketplace, the ...

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