Just to quickly post out this news even though it’s Chinese New Year. There is a dramatic change in RIM’s company structure. Finally, there will no longer be 2 CEOs in this company. I’ve always thought having 2 CEOs was a bad idea. Let’s hope Thorsten Heins will be able to turn RIM around and save the sinking ship.
Here are the changes:
- Board Acts on Recommendation of Co-CEOs to Implement Succession Plan
- Thorsten Heins Appointed President and CEO of RIM, and Board Member
- Mike Lazaridis Named Vice Chair of the Board
- Jim Balsillie Remains a Director
- Barbara Stymiest Named Independent Board Chair
- Prem Watsa Named Independent Director
Profile of Thorsten Heins after the break: Continue reading »
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