BlackBerry names Steven Capelli as Chief Financial Officer

NEW DELHI: BlackBerry said that it has appointed Steven Capelli as Chief Financial Officer. Capelli brings 25 years of executive experience in the software and technology industry with a strong track record for driving profitable growth and increased operational efficiencies across business and corporate functions.

"I look forward to the many contributions he will make toward driving value for BlackBerry shareholders as we continue to focus on end-to-end mobility solutions and enterprise software," said John Chen, Executive Chairman and CEO of BlackBerry.

Most recently, Capelli was President of Worldwide Field Operations at Sybase with responsibility for $1 billion in annual revenue. Capelli also led international operations at Sybase as General Manager with responsibility for sales, operations, finance, customer support, marketing and human resources.

Prior to Sybase, Capelli was Chief Financial Officer of Siemens Pyramid. Earlier in his career, he served in controller roles at Digital Equipment Corporation, Unisys Corporation and WR Grace and Company. Capelli currently serves on numerous corporate boards with representation on audit, compensation and governance committees. He received a bachelor’s degree in accounting from The College of New Jersey and an MBA in finance from Rutgers University.

Effective October 1, Capelli will lead the company’s corporate accounting, FP&A, treasury, tax, procurement and investor relations teams. He will report to Executive Chairman and CEO John Chen, and will ‎succeed James Yersh, who is leaving the company for personal reasons. Yersh will remain with BlackBerry through October 31 and will assist with the transition.