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