Not enough credit is given to Mike and Jim the (old) CEOs of RIM. True they lead the company and it’s shareholders to lose upward of 70 billion dollars as shares drowned 82%. And that’s only between 2008-2011. But what they were doing was a balancing game. One the consumer doesn’t truly appreciate. Those who believe in in the [...]
In an interview with The Record, Mike Lazaridis talks about stepping down from RIM’s Co-CEO position. WATERLOO — It was a day that had been coming for years and Mike Lazaridis knew it had to happen. But as he gave up his co-chief executive officer position at Research In Motion, the company he founded in [...]
Research In Motion’s recent BlackBerry outage has been the worst that company has ever faced since the company has been founded. Global markets across the world in the Middle East, Europe, parts of South America, Canada, Africa and the United States, were without Blackberry Services including push emails and BBM. It has been rumored that RIM would [...]
Northwest & Ethical Investments wants to split the roles of Co-CEO’s and Mike Lazaridis and Jim Balsillie?!?
Reuters is reporting a proposal has been submitted by Northwest & Ethical Investments, that would split the roles of Co-CEO’s and Mike Lazaridis and Jim Balsillie as well as amend its bylaws to ensure the chair is an independent board member. Northwest & Ethical Investments is pushing for a shareholder vote so there would be [...]