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BlackBerry Co-Founder Lazaridis Leaving Board May 1

Thursday - 3/28/2013, 12:56pm  ET

BlackBerry co-founder and Vice Chairman of the Board Mike Lazaridis will resign from the board on May 1, 2013, the company announced today in its fourth-quarter and year-end fiscal report.

Lazaridis co-founded BlackBerry almost 30 years ago and served as co-CEO of the company until last year, when he became vice chairman of the board. Last week, Lazaridis announced a new project he was started, called Quantum Valley Investments. Current BlackBerry CEO Thorsten Heins said in a BlackBerry statement, " I admire Mike for his many achievements and for his vision in helping bring BlackBerry 10 to fruition." 

Lazaridis said in the release that, "With the launch of BlackBerry 10, I believe I have fulfilled my commitment to the Board." In the same press release announcing Lazaridis' move, BlackBerry announced shipments of 6 million smartphones for the fourth quarter, including approximately 1 million BlackBerry 10 units.

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This article was originally published as BlackBerry Co-Founder Lazaridis Leaving Board May 1on Fool.com

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