shakeup

commentary A few months into the gig, Research In Motion CEO Thorsten Heins has shown he's not afraid to pull the trigger.

On the heels of several high-profile departures, including that of former co-CEO Jim Balsillie, a number of other senior-level executives are also getting shown the door, according to a report from The Wall Street Journal (subscription required).

The continued shakeup is badly needed at RIM. As I previously wrote, RIM was mired in a top-heavy company that contributed to its inability to deftly respond to changing trends in the mobile-devices business. On the last quarterly conference call, … Read more

Struggling handset maker Motorola now characterizes the dismissal of its chief financial officer as "for cause," marking a shift from its initial explanation last month, according to a report Thursday in The Wall Street Journal.

In the company's quarterly financial report early last month, Motorola announced that CFO Paul Liska would be immediately replaced and noted its decision stemmed from postponing the spin-off of its cell phone unit, according to the Journal.

Liska, who was hired by Motorola last year, had previously worked at private equity firms, where he was tasked with running troubled companies and turning … Read more

Carol Bartz, Yahoo's newly minted CEO, is reportedly preparing for a management shake-up that could result in an expanded role for its chief technology officer, according to a report in The Wall Street Journal.

The changes, which could be announced as soon as this week, are aimed at putting Yahoo's decision-making process on a faster track, as well as consolidating some of the company's operations to create a more uniform appearance across its sites, according to the report.

Under Yahoo's prior management with Sue Decker as president, the organizational structure and decision-making process were not only … Read more

It's no secret that InterActiveCorp is facing a corporate hurricane. But CEO Barry Diller's plan to split the company in five parts might not calm the waters.

In the fall, the sprawling new media conglomerate announced a plan to spin off many of its brands into a total of five publicly traded companies, focusing its core business on ad-supported media, in order to revive investor confidence. It needs that revival: on Wednesday morning, the company posted its 2007 fourth-quarter earnings, reporting a net loss of $369.9 million as revenues rose eight percent to $1.86 billion.

IAC … Read more

Following weeks of rumors that his ousting was on the way, Time Warner CEO Richard Parsons announced his resignation effective January 1. On Monday, the media giant's board of directors announced that it has elected Jeffrey Bewkes, currently the company's president and chief operating officer, to Parsons' post.

"Dick Parsons has done an outstanding job during his tenure as chief executive officer," said Robert C. Clark, the board's chairman of the nominating and governance committee. "The board is grateful for Dick's exceptional leadership in turning this company around and putting it on a … Read more

This post was updated at 9:18 a.m. PST.

InterActiveCorp CEO Barry Diller was remarkably candid in his acknowledgment Monday that his media conglomerate will be splitting up into five publicly traded companies because it's simply spread itself too thin.

"We've been a complex enterprise almost from the very beginning 12 years ago, with hundreds of transactions over those years," Diller said in the company's announcement. "And while we've created a lot of value; I've always believed (that) our complexity and many mouthfuls of sentences to explain who we are and … Read more