0
Wireless

RIM shareholder calls for change in management

Friday 16 December 2011 | 10:13 CET | News
Jaguar Financial, a shareholder in Research In Motion, has called for a change in management at the BlackBerry maker and a possible sale of part or all of the company. Jaguar called for a separation of the chairman and CEO roles at RIM, noting the company had a plan in place for this in 2007 already but has yet to implement the changes. Jaguar also asked the other board members to put pressure on the two co-CEOs to improve corporate governance at the company. Vic Alboini, chairman and CEO of Jaguar, said investors have "lost faith" in the ability of RIM's current management to turn around the

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Research In Motion
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Will new management at RIM make any difference?

Published 23 Jan 2012 12:39 CET | World
Research In Motion's co-CEOs Mike Lazaridis and Jim Balsillie announced at the weekend that they will step down from their ...

RIM names new CEO, chairman

Published 23 Jan 2012 08:41 CET | World
Research In Motion has bowed to pressure from shareholders and reformed its management structure. Co-CEOs Jim Balsillie and Mike ...

Samsung denies reported interest in RIM takeover

Published 18 Jan 2012 09:27 CET | World
Samsung is the frontrunner to acquire Research In Motion if the BlackBerry maker opts for a sale of the company, Boy Genius ...

RIM shows updates to BlackBerry 7, PlayBook OS

Published 09 Jan 2012 16:14 CET | World
Research In Motion is showing updates to its smartphone OS BlackBerry 7 and tablet software at the CES in Las Vegas. BlackBerry ...

RIM ready to name independent chairman - report

Published 03 Jan 2012 17:54 CET | World
Research in Motion is preparing to replace its co-founders Mike Lazaridis and Jim Balsillie with a new independent chairman, ...

Microsoft, Nokia, Amazon looked at bid for RIM - report

Published 21 Dec 2011 09:38 CET | World
Microsoft and Nokia in recent months considered making a joint bid for Research In Motion, people familiar with the matter told ...

RIM-aandeelhouder dringt aan op wisseling van de wacht

Published 19 Dec 2011 12:31 CET | World
Investeringsmaatschappij Jaguar Financial gebruikt zijn aandelenbelang in Research in Motion (RIM) om op te roepen tot een ...

RIM warns for lower sales in Q4, product delays

Published 16 Dec 2011 09:17 CET | World
Research In Motion reported a drop in quarterly results and said it expects further delays to new products. The BlackBerry maker ...