Jim Balsillie

As RIM rolls out Q4 2012 financial earnings, they've also gone ahead an announced some recent changes within the organization and ultimately their Board of Directors:

"As I complete my retirement from RIM, I'm grateful for this remarkable experience and for the opportunity to have worked with outstanding professionals who helped turn a Canadian idea into a global success," said Jim Balsillie.

"On behalf of the Board and everyone at RIM, I would like to thank Jim for his 20 years of service to RIM," said Barb Stymiest, Chair of RIM's Board of Directors. "His energy, drive and enthusiasm helped build one of the most successful technology companies of our time."

In addition, David Yach will be retiring from his role as CTO, Software after 13 years with the Company and after 4 years with the company and following an open dialogue on the future of global operations, Jim Rowan, COO, Global Operations, has decided to pursue other interests. The Company is currently undertaking a search to hire a single COO with responsibilities to run the Company's operations.

"RIM would like to thank David Yach and Jim Rowan for their years of service and many contributions to RIM," said Thorsten Heins, President and CEO. "We wish them well in their future pursuits."

Balsillie and Lazaridis to receive nearly $12 million in parting gifts

Balsillie and Lazaridis to receive nearly $12 million in parting gifts

It's been been nearly 5 months since Mike Lazaridis and Jim Balsille stepped down as co-CEO's of Research In Motion, and a document filed Thursday by RIM has detailed their compenstation. Lazaridis, who will be staying on as vice-chair of the board and keeping his own dedicated office, will receive around $3.9 million in compensation. Balsillie, who originally stayed on the board of...

Balsillie resigned over shift in strategy; Sought to allow carrier use of RIM services

Balsillie resigned over shift in strategy; Sought to allow carrier use of RIM services

It's been a few weeks since Jim Balsillie resigned from his position on the board at Research In Motion. Until now however, it was unclear as to just what ultimately led to the decision. Reuters is reporting that Balsillie "sought to reinvent the BlackBerry smartphone maker with a radical shift in strategy" before he ultimately stepped down. Apparently Balsillie had come up with a plan...

Jim Balsillie and Mike Lazaridis not the worst Tech CEO's of 2011, but what do you think?

Jim Balsillie and Mike Lazaridis not the worst Tech CEO's of 2011, but what do you think?

Should Jim Balsillie and Mike Lazaridis be replaced? RIM has no doubt had a rough year but it wasn't rough enough the 200 people polled to vote them as the worst tech CEO's of 2011. That dubious glory has been handed to Netflix CEO Reed Hastings after single handedly increasing subscription prices and irritating customers further by starting an initiative to split up Netflix'...