Tuesday, May 31, 2011

RIM's Newest Problem? Investors Want To Fire The CEOs (RIMM)


jim balsillie

Research in Motion's investors and partners are starting to talk about about replacing the company's co-CEOs, Reuters reports.

There doesn't seem to be any specific plan in place for displacing Mike Lazaridis or Jim Balsillie, RIM's leaders.

Really, the Reuters report reads mostly as wishful thinking from investors who have seen their RIM shares tanking in the past few months.

Kicking out Lazaridis and Balsillie will be pretty tough since they're the biggest shareholders in the company and chairmen of the board.

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