Oct 16 (Reuters) - BlackBerry's BB.N BB.TO U.S.-listed shares fell almost 4 percent to $11.12 on Monday after a second senior executive from its licensing unit quit this month.
Victor Schubert, a licensing director for BlackBerry, said on Friday he had left, following on the heels of Mark Kokes, who lead BlackBerry's overall patent strategy. Kokes joined a health technology company last month. the company's intellectual property is a key part of BlackBerry Chief Executive John Chen's plan for turning around the company, which lost out to Apple (NASDAQ:AAPL) and others in the smartphone industry. BlackBerry's revenues have declined for six straight years as sales of its once-popular smartphones tumbled.