Proxy Adviser Throws Cold Water on RIM Plans

Release Date 8 Jul, 2011 in Wall Street Journal (blog)

 
   

Proxy firm unimpressed by RIM promise about board

Reuters Canada - Alastair Sharp, Andre Grenon - 8 Jul, 2011
TORONTO (Reuters) - Proxy firm Glass Lewis was left unimpressed by Research In Motion Ltd's promise to study board changes while avoiding an imminent shareholder vote on the matter. The BlackBerry maker last week succumbed to shareholder pressure, ...

Investment Firm Rebukes RIM Leadership's Tactics

InformationWeek - Eric Zeman - 8 Jul, 2011
Financial analysts cry foul on Research In Motion's failure to split up the jobs of co-CEOs and Chairmen of the board. By Eric Zeman InformationWeek Dimitri Zagoroff and Marian Macindoe, analysts with San Francisco-based Glass Lewis & Co., ...

Proxy Adviser Throws Cold Water on RIM Plans

Wall Street Journal (blog) - Phred Dvorak, Ben Dummett - 8 Jul, 2011
BlackBerry maker Research in Motion Ltd. may have dodged a bullet at its upcoming shareholders meeting when it acceded to the demands of an activist investor and agreed to study whether its two chief executives should ...

Glass Lewis unimpressed with governance plan

MarketWatch - Ben Dummett - 8 Jul, 2011
TORONTO (MarketWatch) -- BlackBerry maker Research In Motion Ltd. /quotes/zigman/18534/quotes/nls/rimm RIMM +4.73% should appoint an independent director as chairman instead of forming a committee to study whether its co-chief executives ...

RIM dodging committment to leadership change: proxy advisor

National Post (registration) - 8 Jul, 2011
Research In Motion Ltd. might have bowed to pressure last week when it agreed to examine its leadership structure, but not low enough to satisfy Glass Lewis & Co. The San Francisco-based proxy adviser said in a report obtained by Bloomberg News that ...

Glass Lewis keeps heat on RIM board

Globe and Mail (blog) - Boyd Erman - 8 Jul, 2011
Research In Motion Ltd.'s stalling tactic to avoid naming an independent chair of the board is not pleasing some of its key critics. RIM had been under pressure to split the roles of chairman and chief executive officer, but last week took a page out ...

RIM Avoiding Independent Chair Commitment, Glass Lewis Says

Bloomberg - Hugo Miller - ‎Jul 6, 2011‎
An employee demonstrates a Research In Motion (RIM) Blackberry PlayBook tablet device. Photographer: Denis Doyle/Bloomberg Research In Motion Ltd. (RIMM)'s decision to study the overhaul of its management ...

Pressure mounts on RIM to appoint an independent chair

Toronto Star - 8 Jul, 2011
OTTAWAâ€"Shareholder advisory firm Glass Lewis and Co. is criticizing Research In Motion Ltd. (TSX: RIM) and its plan to appoint a committee to study the chairman's role at the company. Glass Lewis says it's “underwhelmed with the board's continued ...

Glass Lewis critical of Research In Motion, calls for independent chair

CanadianBusiness.com - 8 Jul, 2011
By The Canadian Press | July 07, 2011 OTTAWA - Shareholder advisory firm Glass Lewis and Co. has criticized Research In Motion Ltd. (TSX:RIM) and its plan to appoint a committee to study the chairman's role at the company instead of going ahead and ...

RIM Avoiding Commitment to Independent Chair, Glass Lewis Says

San Francisco Chronicle - 8 Jul, 2011
July 7 (Bloomberg) -- Research In Motion Ltd.'s decision to study the overhaul of its management structure to avoid a shareholder vote next week indicates it's avoiding a commitment to appoint an independent chair, Glass Lewis & Co. said. ...

RIM stalling on splitting jobs of CEO, chair: Proxy adviser

Globe and Mail - 8 Jul, 2011
These are stories Report on Business is following Thursday, July 7. Get the top business stories through the day on BlackBerry or iPhone by bookmarking our mobile-friendly webpage. A leading proxy advisory firm says it's "underwhelmed" by what it sees ...

 

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