Remember that settlement
RIM reached with the Ontario Securities Commission yesterday? Well, details of the arrangement have emerged, and Reuters
is reporting that in addition to over $90 million CAD being repaid, the company's co-CEO will be stepping down from its executive board as part of the deal. Jim Balsillie will reportedly have to fork over $5 million CAD (~$4.1 million USD) and his position on the board for at least 12 months -- though we're not sure if he intends to return (or if he'll be welcomed back).
[Via BlackBerry Cool