RIM considers splitting co-chief jobs

Release Date 1 Jul, 2011 in Financial Times

 
   

RIM Bows to Governance Critic

Wall Street Journal - Chip Cummins, Phred Dvorak - 1 Jul, 2011
TORONTO"Research In Motion Ltd., bowing to criticism of its corporate governance by a small, activist investor, said Thursday that it will establish a committee of independent directors to study whether its two chief ...

RIM Agrees to Review Its Structure

PCWorld - Stephen Lawson - 1 Jul, 2011
Research In Motion's board of directors has agreed to form an independent committee to study aspects of the company's management structure, including clarifying the roles of RIM's controversial co-CEOs. ...

RIM considers splitting co-chief jobs

Financial Times - Paul Taylor - 1 Jul, 2011
Research in Motion has bowed to institutional shareholder pressure agreeing to consider splitting the roles of its two co-chief executives and avoiding a potentially embarrassing showdown at its annual meeting next month. ...

RIM responds to critical open letter from unnamed worker

Computerworld - Matt Hamblen - 1 Jul, 2011
RIM told Computerworld by email that it is in the process of streamlining its operations and that RIM's management team "takes these challenges seriously and is actively addressing the situation." The blistering letter was posted on the ...

RIM sidesteps vote on management structure shakeup

Toronto Star - Michael Lewis - 1 Jul, 2011
Research In Motion Ltd. has avoided a vote to shake up its combined chair and chief executive management structure, agreeing instead to form a committee to consider investor complaints. The BlackBerry maker said that after talks with Northwest ...

Under fire, RIM agrees to review executive structure

Globe and Mail - Omar El Akkad - 1 Jul, 2011
Caught in a months-long cycle of bad news " including profit warnings, product delays, calls for a management shakeup, and a share price that has been cut in half in 2011 " Canada's most important technology company took steps Thursday to head off a ...

Insider says doom looms at RIM

Register - 1 Jul, 2011
Times are tough at RIM, home of the fading BlackBerry. Sales are slipping, profits are evaporating, and now a high-level staffer has written to the company's co-presidents to inform them that "things have never been more chaotic," urging them to make ...

Open Letter to RIM Management Calls for Massive Change

PC Magazine - Mark Hachman - 1 Jul, 2011
An anonymous letter posted to the Web on Thursday, allegedly penned by a senior RIM employee, took Research in Motion to task for a lack of management accountability, poor software tools, and even being too nice. ...

REFILE-UPDATE 2-RIM agrees to study board changes; avoids vote

Reuters - Alastair Sharp, Janet Guttsman - 1 Jul, 2011
TORONTO, June 30 (Reuters) - Research In Motion (RIM.TO) (RIMM.O) gave in to rising shareholder pressure on Thursday and agreed to study splitting the role of co-chair and co-chief executive, avoiding an embarrassing showdown at its annual meeting next ...

RIM to look at chairman and CEO split, shareholder withdraws motion

CanadianBusiness.com - Craig Wong - 1 Jul, 2011
A Canadian activist investor is withdrawing a proposal to split the roles of board chairman and chief executive at Research In Motion Ltd. (TSX:RIM) after the company agreed to study the issue. ...

RIM investors pull proposal to split CEO role

CNET - Erica Ogg - 1 Jul, 2011
An investor push for Research In Motion to split its dual-CEO structure was unexpectedly withdrawn today after an agreement was made with RIM. RIM announced today that after discussions between the two groups, Northwest & Ethical ...

Research in Motion responds to anonymous letter

Washington Post (blog) - Hayley Tsukayama - 1 Jul, 2011
The BlackBerry PlayBook got lukewarm reviews upon its release as it moved to take on the iPad. (ASSOCIATED PRESS) An open letter reportedly written by a senior Research in Motion executive appeared over at Boy Genius Report on ...

RIM bows to pressure, plans committee to examine leadership structure

Financial Post - 1 Jul, 2011
Some analysts are calling for the ouster of Research in Motion co-chief executives Mike Lazaridis, left, and Jim Balsillie. Research In Motion Ltd. will create a committee that will examine possible changes to its corporate structure, including the ...

RIM Said Investor's Proposal to Split Roles Withdrawn as Committee Formed

Bloomberg - Hugo Miller - 1 Jul, 2011
Research In Motion Ltd. (RIM), facing a shareholder vote on whether to split its chief executive and chairman roles, agreed to study the overhaul of its management structure to avoid a public showdown at ...

RIM responds to open letter: We're fine

CNET - Erica Ogg - 1 Jul, 2011
An open letter posted online today from an anonymous Research In Motion employee begged for accountability, and an admission that things need to change at the BlackBerry maker. Well, someone at RIM did read it. But the company's subsequent ...

RIM and NEI Investments Announce Withdrawal of Shareholder Proposal; RIM ...

MarketWatch (press release) - 1 Jul, 2011
WATERLOO, ONTARIO, Jun 30, 2011 (MARKETWIRE via COMTEX) -- Research In Motion Limited ("RIM") /quotes/zigman/18534/quotes/nls/rimm RIMM +0.24% /quotes/zigman/18555 CA:RIM -0.07% and Northwest & Ethical Investments LP ("NEI Investments") announced today ...

RIM responds to anonymous 'open letter'

Financial Post - Phelan M. Ebenhack - 1 Jul, 2011
Michael Lazaridis, president, co-chief executive officer and co-founder of Research In Motion Ltd. On Thursday morning, the popular gadget blog Boy Genius Report posted a scathing, 2000-word letter attributed to an anonymous “senior RIM executive” ...

RIM: Baird Sees Developers Stray From 'QNX,' iOS, Android Gain

Barron's (blog) - Tiernan Ray - 1 Jul, 2011
Baird & Co. analyst William Power today relates the results of a survey of 250 mobile application developers asked about their preferences for smartphone and tablet platforms for which they develop. Most of these developers were small ...

Employee rips RIM bosses in open letter

Computerworld - Matt Hamblen - 1 Jul, 2011
Computerworld - A blistering letter from a senior employee to the top two bosses at Research in Motion contends that chaos in the organization has put BlackBerry years behind the iPhone. In the letter published by online news site BGR, ...

Leaked letter describes chaos at RIM

Toronto Sun - Stefania Moretti - 1 Jul, 2011
Mike Lazaridis, president and co-chief executive officer of Research in Motion, holds the new Blackberry PlayBook with a screen projection of the device as he speaks at the RIM Blackberry developers conference in San ...

Anonymous letter bemoans RIM management woes

CNET - Erica Ogg - 1 Jul, 2011
An anonymous Research In Motion employee has penned a devastating open letter to the company's senior management. The letter was posted on Boy Genius Report by a reportedly "high-ranking" employee who bemoans the company's current ...

RIM Executive In Tell-All Open Letter: 'I Have Lost Confidence'

Huffington Post - 1 Jul, 2011
An individual identified only as a senior executive at Research In Motion (RIM) reportedly wrote a tell-all open letter to senior management as the company's woes continue, and it's surfaced online. BGR says it has confirmed the letter's authenticity ...

Anonymous RIM employee tells the CEOs exactly how to fix the company

ZDNet (blog) - Adrian Kingsley-Hughes - 1 Jul, 2011
An anonymous RIM employee (allegedly quite high-level) has written an open letter to co-CEOs Jim Balsillie and Mike Lazaridis. outlining what the company needs to do to survive. ...

RIM Employee Blasts Leadership In Letter

InformationWeek - Eric Zeman - 1 Jul, 2011
A well-placed manager at Research In Motion has published a letter to the company's executives, beseeching them to make the bold decisions needed to save the company. Late Thursday, RIM responded. By Eric Zeman InformationWeek "I have lost confidence," ...

10 fixes for RIM to avoid 'chaos'

ZDNet (blog) - Andrew Nusca - 1 Jul, 2011
A RIM executive reportedly sends a plea to CEOs Mike Lazaridis and Jim Balsillie suggesting change. Here are 10 fixes for the company. Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as ...

Open letter from anonymous RIM official blasting company surfaces online

Financial Post - 1 Jul, 2011
So begins an open letter addressed to the senior management team at Research In Motion Ltd. purportedly written by a “senior executive” inside the Waterloo, Ont. company and published by the BlackBerry blog Boy Genius Report on Friday. ...

Research in commotion

Livemint - ‎Jun 29, 2011‎
RIM bet big on end-users not having the power to choose devices. But this has begun to change. Users now want their iPhones, Android handsets and tablets to connect to enterprise servers On 16 June, Research In Motion (RIM), the Canadian company that ...

Blackberry services: India for deal with Canada

Economic Times - ‎Jun 29, 2011‎
NEW DELHI: India is looking for a special "government to government" agreement with Canada to get access to all services of BlackBerry, including its enterprise mail, following differences between security agencies and the smart phone manufacturer over ...

RIM To Review Management Structure Following Shareholder Uproar

RTT News - 1 Jul, 2011
(RTTNews) - Canadian smartphone maker Research in Motion Ltd. (RIMM: News ,RIM.TO: News ) said Thursday that it will form a committee of independent directors to review its management structure following shareholder uproar. ...

RIM examining management reshuffle as employee vents frustrations in open letter

V3.co.uk - Iain Thomson - 1 Jul, 2011
The board of directors at RIM has agreed to examine restructuring the management team after concern from investors at the company's performance. The company said it had reached an agreement with Northwest & Ethical Investments to ...

 

Subscribe to RSS
Advertise here