RIM boots Balsillie as Chairman, but he remains co-CEO

Brian White
B. White|03.05.07

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RIM boots Balsillie as Chairman, but he remains co-CEO image
RIM boots Balsillie as Chairman, but he remains co-CEO image
It looks like RIM co-founder Jim Balsille is out as the company's chairman of the board, although he will remain on with RIM as co-CEO. The crackberry BlackBerry maker has had a little of a black eye recently (like many tech companies) with its handling of stock option accounting, which dates all the way back to 2004. As a result, RIM will have to lower its earnings by what seems like a nice chunk of change -- $250 million. Although we don't think RIM is going anywhere fast, its recent public missteps like this one have added to a long list of woes in recent years. Just promise us, RIM, that this isn't going to affect the release schedule for the 8820, mkay?
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