Jim Balsillie Steps Down As Chairman of Research in Motion

Research in Motion co-CEO is voluntarily stepping down from his role of Chairman of the board at Research in Motion.

“Consistent with current best practices in corporate governance, the roles of chairman and CEO are being separated,” the firm said.

Balsillie’s resignation as chairman was a voluntary one and was done to allow “future consideration of a non-executive as chairman by the nominating committee.”

Last week was a relatively quiet one in the world of BlackBerry, however, this one started off with bang. RIM first announced that it would restate financials for the last 3 years or so and now the Balsillie steps down as chair.

I wonder what else we are in store for?

[Source]

Written by Robb Dunewood on March 5th, 2007 with 2 comments.
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#1. March 9th, 2007, at 7:59 AM.

BlackBerry Billionaire Boys Club | RIMarkable | The official, unofficial BlackBerry Weblog: I just want the Research in Motion nominating committee to know that I am available for the vacant Chairman ...

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#2. March 19th, 2007, at 7:15 AM.

And You Thought The BlackBerry Status Updates Were Over | RIMarkable | The official, unofficial BlackBerry Weblog: bet that you thought that when Jim Balsillie, co-CEO of Research in Motion, stepped down as the chairman of ...

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