Mike Lazaridis

RIM co-CEOs step down

RIM has appointed a new CEO after increasing shareholder pressure and a poor financial performance in 2011. Thorsten Heins will take over as president and CEO, with former co-CEOs Mike Lazaridis and Jim Balsillie stepping down. Lazaridis will become vice chair of RIM’s board and chair of the board’s new Innovation Committee and Balsillie will remain a member of the Board.

Polls

Will regulators ever be able to catch up with the rate of change in the telco/tech industry?

  • No (75%, 36 Votes)
  • Yes (25%, 12 Votes)

Total Voters: 48

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