Saturday, 11 June 2011

RIM shareholders call on CEO, chairman roles to split

RIM's co-founders faced a minor investor mutiny on Friday after a shareholder group, Northwest & Ethical Investments, called on the company to decouple the roles of chairman and CEO. A filing revealed that it had asked for co-CEOs Jim Balsillie and Mike Lazaridis to no longer automatically assume board chairman roles along with their control of the company itself. They called on the company to make the chairman an independent board member....

Source: http://feeds.macnn.com/click.phdo?i=17217c4fe50b2b55153e10dd156c6289

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