RIM executive steps down after Q4 earnings announcement

BlackBerry maker Research In Motion has announced former chief executive Jim Balsillie will be stepping down from the company, following a disappointing financial result in the fourth quarter.

The troubled tech giant announced revenue of $4.2 billion, which is down 19% from the previous quarter.

Former chief executive JIm Balsillie said in a statement he would be stepping down from the company’s board. He and co-chief executive Mike Lazaridis were recently replaced by Thorsten Heins. 

“As I completely 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,” he said. 

COMMENTS

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Close
SmartCompany Plus

Sign in

To connect a sign in method the email must match the one on your SmartCompany Plus account.
Or use your email
Show
Forgot your password?

Want some assistance?

Contact us on: support@smartcompany.com.au or call the hotline: +61 (03) 8623 9900.