Wednesday, January 4, 2012

RIM Board Looking To Replace co-CEOs Mike Lazaridis And Jim Balsillie As Chairman

RIM Board Jim and Mike
The Financial Post is reporting that the RIM board may soon be looking to replace co-CEOs Mike Lazaridis and Jim Balsillie as chairman. According to the report, RIM is facing constant pressure from the shareholders and is looking to replace the current co-chairman roles with Barbara Stymiest, an independent director who joined RIM's board back in 2007. A committee of independent directors have been examining the structure of RIM's board, and while Lazaridis and Balsille would remain co-CEOs, a single chairman would take their place on the board of directors.
What are your thoughts? Would this be a good move for RIM? Sound off in the comments!

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