BlackBerry (NYSE: BB) has chosen its cybersecurity division president, John Giamatteo, to serve as CEO and member of the board of directors.
The announcement made on Monday comes as the company drops its plans to launch a subsidiary initial public offering of its Internet of Things business.
Giamatteo was appointed as president of BlackBerry’s cybersecurity business in October 2021. Prior to that, he served as president and chief revenue officer of McAfee.
His 30-year career also includes leadership roles at Solera, Nortel Networks, RealNetworks and AVG Technologies, where he used to be chief operating officer.
As a result of Giamatteo’s election, interim CEO Richard Lynch will remain as chairman of the board, overseeing the tech firm’s plans, including transitioning its IoT and cybersecurity businesses into standalone Blackberry divisions.
