blackberry rim cochief executives step down
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Blackberry RIM: Co-chief executives step down

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Blackberry RIM: Co-chief executives step down

London - Arabstoday

Blackberry-maker Research In Motion (RIM) has said its co-chief executives Mike Lazaridis and Jim Balsillie have stepped down in a shake-up. Mr Lazaridis, who founded RIM in 1984, will become vice chairman. Mr Balsillie will continue to sit on the board but not have any operational role. Chief operating officer Thorsten Heins will replace them on Monday. Investors have called for a strategy change as the company struggles to compete with Apple and Google. Management shuffle Mr Lazaridis, speaking after the announcement, said he recognized things needed to change at the company. \"There comes a time in the growth of every successful company when the founders recognize the need to pass the baton to new leadership,\" he said at a press conference at RIM\'s headquarters in Waterloo, Canada. \"Jim and I went to the board and told them that we thought that time was now.\" Mr Heins started at RIM in 2007, having previously worked at Siemens Communications. He became the chief operating officer in August 2011, according to the company. Mr Heins said: \"As with any company that has grown as fast as we have, there have been inevitable growing pains\". \"We have learned from those challenges and, I believe, we have and will become a stronger company as a result.\" Barbara Stymiest, who has been on the board of RIM since 2007, has been made the new chairman, a post that Mr Balsillie and Mr Lazaridis also shared. Sharp decline Blackberry has suffered major setbacks in recent months. It had its worst service outage in 2011 and has been losing market share to its competitors in the smartphone markets. Billions of dollars have been wiped from its market value as shares have tumbled 75% over the past 11 months and sales have dropped. One of its latest offering the PlayBook tablet, a reply to Apple\'s iPad, has not proven as popular as the company had hoped. Larry Magid, a technology analyst with CNET, told the BBC World Service that Mr Lazaridis and Mr Balsillie had to go. \"Research In Motion, which once dominated the smartphone market, has been steadily losing market share both to the iPhone and iPad and the tablet area and the various android devices,\" Mr Magid said. \"I think it was a matter of time before these two made the wise choice to step aside and see if anybody else can do better with the company.\"

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

blackberry rim cochief executives step down blackberry rim cochief executives step down

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

blackberry rim cochief executives step down blackberry rim cochief executives step down

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 21:47 2015 Sunday ,09 August

Ellen Pompeo reflects on Derek Shepherd's death

GMT 18:29 2017 Friday ,27 October

Israel confiscate Palestinian land near Halamish

GMT 12:02 2017 Tuesday ,30 May

Temperatures to peak to 40° today in UAE

GMT 09:35 2017 Thursday ,26 October

Wael Jassar participates in concerts in Cairo

GMT 21:13 2017 Saturday ,09 September

Active outdoors? This smart watch is for you

GMT 19:47 2018 Sunday ,21 January

Fleetwood retains Abu Dhabi HSBC Championship title

GMT 06:51 2018 Sunday ,14 January

S. Africa's Markram falls short of century

GMT 21:42 2018 Tuesday ,09 January

Macron bets on horse diplomacy in China

GMT 07:27 2017 Sunday ,17 September

Russian strike wounds US-backed Syria fighters

GMT 11:07 2017 Monday ,28 August

Saudi congratulates Iraq on city liberation

GMT 08:56 2017 Friday ,29 December

Assy Al Helani cancels concert in Qatar
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice