RIM Soon Has a New President?

RIM Soon Has a New President

RIM , the Canadian manufacturer of mobile BlackBerry , is preparing a change of leadership : the co-founder, Mike Lazaridis and Balsillie Lim, would be ready to leave the position of co-presidents. This is what the Financial Post reported: the Canadian company, through a committee of seven independent directors , is reviewing its governance structure and something could change already by January 31.

The succession of the two founders should get Barbara Stymiest , independent director who has joined RIM in 2007 the group: the tendency of the board, in fact, is to grant the company’s management to a single independent chairman . The decision of the Presidency is expected to return for the end of January even though, despite strong rumors, nothing official yet: the report of the Committee is scheduled for January 31, but the leaders of RIM will still have thirty days to respond to the recommendations.

Probably a change of leadership of the company might do well to RIM, which has recently lost much of its value on the market, both in the financial field in the eyes of consumers.Competition with various mobile products has become increasingly strong, and just served to create the BlackBerry Playbook , a device that, in the plans of the company, would have to compete with iPad. Currently, the Playbook has only sold 850,000 models  and is now on special offer with a strategy that knows nothing about recovery.

The next generation BlackBerry , with version number 10 of the operating system, will not be ready until the end of 2012 , while simultaneously the other brands on the market continue to unleash new models.

Currently it is Balsillie Lazaridis have in hand the 12% stake in RIM , which makes them strong shareholders  in a society where no one has more than 10% of the shares.

Source: Financial Post

Via Cnet 


Posted by on January 4, 2012. Filed under Gadgets, News, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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