ceo

Wall Street's reaction to RIM's new CEO: Who cares?

Investors are certainly a fickle bunch.

They've spent the last few months trying to dislodge co-CEOs Mike Lazaridis and Jim Balsillie from their leadership roles at Research in Motion. So now that the CEOs have stepped down, what does the stock do? Drop another 2.7 percent to $16.53 in pre-market trading.

The collective shrug by Wall Street to RIM's management shakeup illustrates the underlying problems still facing the company. Despite a new CEO, the company faces the same old problems: overwhelming competition, next-generation phones that are coming far too late, and a brand that has lost … Read more

RIM's leadership shakeup too little, too late?

commentary This may not have been the change people were looking for at Research In Motion.

RIM announced late tonight that its two CEOs, Mike Lazaridis and Jim Balsillie, are both out of the company. Taking over is Chief Operating Officer Thorsten Heins, a five-year RIM executive said to have been their heir apparent.

My initial impression on Lazaridis and Balsillie getting the boot? Finally. Few other CEOs would be around after a shepherding a company through the year RIM has had. Throughout 2011, RIM has seen its stock value plunge by more than 75 percent, fumbled the introduction of … Read more

RIM's co-CEOs step down; insider Heins takes helm

Research In Motion's co-chief executives have resigned their positions as part of a management shuffle, the company announced this evening.

Jim Balsillie and Mike Lazaridis, who will also relinquish their positions as co-chairmen, are stepping aside to allow Thorsten Heins, currently one of the company's chief operating officers, to become chief executive, effective immediately.

"There comes a time in the growth of every successful company when the founders recognize the need to pass the baton to new leadership," Lazaridis said in a statement. "Jim and I went to the Board and told them that we … Read more

Watch out, Tim Cook: Apple VP Scott Forstall is eyeing your job

Though Apple CEO Tim Cook has been on the job for only a few months, a new book on the company claims one of its top executives is already eyeing the top spot.

According to author Adam Lashinsky, author of "Inside Apple: How America's Most Admired--and Secretive--Company Really Works," which is due out next week, Apple Senior Vice President for iOS Software Scott Forstall is already making it clear he wants to be the company's next CEO. And at least right now, he looks to be the heir apparent at the company, Lashinsky claims.

"If … Read more

Verizon exec Stratton replaces CEO McAdam for CES

Verizon Communications said today that veteran executive John Stratton will take over for CEO Lowell McAdam at a key panel at the Consumer Electronics Show.

Stratton will take part in the CES Innovation Power Panel on Wednesday, which also includes Ford Motor CEO Alan Mulally and Xerox CEO Ursula Burns. McAdam was originally slated to participate but had to beg off in what is believed to be a personal matter.

Stratton's presence is part of an increasing role at CES for Verizon, which last year used the show as a platform to announce its 4G LTE lineup. The company … Read more

At Yahoo, Scott Thompson takes helm as CEO (roundup)

Amid talks of a sale, Yahoo hires PayPal President Scott Thompson to replace fired CEO Carol Bartz. Thompson promises the company will reclaim its tech leadership, but serious challenges await.

Yahoo hiring Thompson may aid Andreessen Horowitz bid Yahoo's new CEO, Scott Thompson, once worked for Andreessen Horowitz partner Jeff Jordan at PayPal. With Jordan working on the venture firm's Yahoo bid, the pair could be reunited. (Posted in Digital Media by Jay Greene ) January 4, 2012 10:15 a.m. PT

New CEO: Yahoo will reclaim its tech leadership As Yahoo's leader, Scott Thompson plans to … Read more

RIM ready to name new chairman, report says

Research In Motion may be gearing up for an overhaul in its leadership.

Co-CEOs Mike Lazaridis and Jim Balsillie are preparing to relinquish their titles as co-chairmen, possibly giving way to independent director Barbara Stymiest, according to a report by the Financial Post. Stymiest is the leading candidate to replace the two, the Post said, citing anonymous sources.

RIM said in a statement that a committee of independent directors was reviewing the company's governance structure, and would report its findings by January 31. It added the committee is on track to meet this target, and that the board would … Read more

Tech CEOs 2011: The best and the worst

Armchair critics of the world rejoice. It's time to select the year's best and worst tech CEOs. It's a judgment that some no doubt will lambaste as arbitrary, even biased. On both counts we plead guilty. So if you have candidates for either category, or take issue with our choices, add your voice in the talkback section below.

THE HEROES

Steve Jobs and Tim Cook Skip to the next section if you're thoroughly sick of reading about how Apple keeps hitting the ball out of the park. Truth be told, it was more fun in the … Read more

Apple CEO Tim Cook: Early clues to his leadership

Tim Cook has been Apple's chief executive officer for little more than two months, but he's already made some distinct changes from his predecessor, a new report says.

The Wall Street Journal has posted a profile of Cook's experience since taking on the CEO role (subscription required). The paper took a close look at a number of changes made during his tenure so far, which began in August when late company co-founder Steve Jobs stepped down as CEO.

Among the big things mentioned:

Cook restructured the company's education division to better fit it into Apple's … Read more