Recent

% | $
Quotes you view appear here for quick access.

BlackBerry Limited Message Board

  • woogerbear woogerbear Sep 30, 2013 8:45 AM Flag

    Why does Heins sill have a job?? there s no rational reason except corruption at the Board level

    onths before the boardroom confrontation between Heins and Lazardis, the pair was in another showdown, this time with Jim Balsillie, who was co-CEO of BlackBerry when it was still known as Research In Motion. Balsillie championed a strategy to license the company's BlackBerry Messenger (BBM) instant messaging platform to competitors.
    Getting BBM onto millions of non-BlackBerry handsets was expected to generate a handsome profit for the company, but the plan ran into stiff opposition from senior executives. Not long after being appointed chief executive of RIM last year, Heins decided to ditch plans to license BBM -- with Lazardis' support, according to the newspaper.
    As a result, Balsillie resigned from the board and severed his ties to the company, he confirmed to the newspaper.
    "My reason for leaving the RIM board in March, 2012, was due to the company's decision to cancel the BBM cross-platform strategy," Balsillie said in a brief statement to The Globe and Mail.

 
BBRY
6.68+0.07(+0.98%)Feb 12 4:00 PMEST