Tuesday, January 3, 2012

Lazaridis and Balsillie to be ousted as co-chairmen, report claims

Lazaridis and Balsillie to be ousted as co-chairmen, report claims

. In light of increased pressure from shareholders, Research In Motion is preparing to replace current co-chairmen of the board Mike Lazaridis and Jim Balsillie. The Financial Post on Tuesday reported that RIM will soon shake up its corporate structure, likely removing both company co-founders from their current board seats. The pair would remain co-CEOs and a new single chairman would be appointed in their place.

Boy Genius Report, Lazaridis and Balsillie to be ousted as co-chairmen, report claims

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