RIM gets a new boss after co-CEOs hand in their keys

RIM gets a new boss after co-CEOs hand in their keys. (IMG:J.Anderson)

Acting on their own initiative, Research in Motion’s (RIM) co-CEOs, Jim Balsillie and Mike Lazaridis have stepped down, effective immediately. In their stead, RIM’s COO, Thorsten Heins, has taken over.

Commenting on his departure, Balsillie said, “...this is the right time to pass the baton to new leadership, and I have complete confidence in Thorsten, the management team and the company.”

He will remain as a member of RIM’s Board of Directors with no operational control, along with Lazaridis, who will move into the role of Vice Chair.

“There comes a time in the growth of every successful company when the founders recognize the need to pass the baton to new leadership. Jim and I went to the Board and told them that we thought that time was now... the company is entering a new phase, and we felt it was time for a new leader to take it through that phase and beyond,” remarked Lazaridis.

In his role as CEO, Heins - who joined RIM from Siemens Communications Group in December 2007 - said he is excited by RIM’s future.

“It is Mike and Jim’s continued unwillingness to sacrifice long-term value for short-term gain which has made RIM the great company that it is today. I share that philosophy and am very excited about the company’s future.”

Heins comes into the CEO position at a rough time for RIM, despite the optimism. While BlackBerry 7 is generating buzz, and there is excitement for PlayBook 2.0, RIM is barely holding the same spot, and losing ground. The company has faced criticism for not keeping up with the features and innovations commonly found in the devices backed by Apple’s iOS and Google’s Android.

Despite $1.5 billion in cash reserves, the company’s market share fell to 11 percent in Q3 2011, down from 15 percent a year pervious. Apple’s iPhone and iPad, along with dozens of devices running Google’s Android have dominated the market, leaving little room for RIM, who has kept things essentially the same for several years now. Based on Heins’ comments, that isn’t going to change anytime soon.

At one time, in 2008, BlackBerry sales pushed RIM’s market value to more than $80 billion. Now, after a slide of more than 80 percent, the company is holding at $5.17 billion, based on last quarter’s earnings.

The saving grace for RIM was the dominance it held when it came to mobile network operations. IT managers loved BlackBerry for its practical business use. Governments loved BlackBerry as well, for its security features and adaptability.

That’s changing however, as governments and enterprises are shifting away from RIM in order to meet the needs of their workforce, who are adopting consumer devices for work and play. Already, Android devices are being cleared for government use, and the iPad is the most common smart device that's not a phone on a given organization’s network.

Given the eye candy that is the iPad, it’s hard to imagine that the PlayBook will have any impact on the business segment of the tablet market. If RIM is to escape their slump, they have to come up with something that can compete with the openness and consumer-driven innovation that is flooding the smartphone and tablet markets, while leveraging it to gain ground in the business world.

The expectation is that BlackBerry 10 will do just that, but given the delays it has experienced so far, analysts aren’t holding their breath.

Like this article? Please share on Facebook and give The Tech Herald a Like too!

From our Other Sites

Man Makes Tiny Edible Pancakes with Tiny Kitchen Tools (Video)

This Japanese guy cooks up some pancakes…nothing special there right? Well he uses tiny implements to do it and makes perfect little pancakes. Kinda cool and they look tasty!

What Color is this Dress?

White and Gold or Blue and Black?
Well this one has been trending all over the web, just what color is this dress? It all started in Scotland when the mother of a bride-to-be sent a picture to her daughter asking what she thought of the dress. The bride and groom each saw the image differently, this then got posted online and picked up by some viral sites. The lighting in photo is probably  causing different people to see it as either white and gold or blue and black. Prof Stephen Westland, chair of color science and technology at a University in the UK told the BBC that it was impossible to see what other people see but that it was most […]

McLaren 675LT Pictures

Some great shots of the forthcoming McLaren 675LT. This coupe will get you to 60mph in less than 2.9 second and go all the way to 205mph.

McLaren 675LT Details

McLaren’s 675LT will debut at this year’s Geneva show and promises some eye-popping performance. The coupe only 675LT has a 3.8 liter V8 that will get you from 0-60mph in less than 2.9 seconds and to 124mph in less than 7.9 secondsMore than a third of the parts have been changed compared with its stable mate […]

McLaren 675LT Wallpaper

Some cool McLaren 675LT Wallpaper. The McLaren 675LT is the latest coupe to come from the supercar maker and has a top speed of 205mph.Click on an image to open a page with multiple sizes that you can download to use as wallpaper for your mobile or desktop.More McLaren Wallpaper.

Octopus hunts on land, grabs crab (Video)

This crab is minding its own business searching the rock pools for food when suddenly an octopus leaps out of the water and grabs it. The amazing thing is that the octopus does not just jump on the crab it actually pulls it all the way back to the rock pool it came from. If you check the second video you will see it is not unknown for octopus to come out of the water and the one in the second video has a crab with it, though is not hunting one! Octopus Walks on Land at Fitzgerald Marine Reserve The video was taken by Porsche Indrisie in Yallingup, Western […]

Stunning Mars Rover Selfie

This image by the Curiosity Mars rover is not exactly your typical selfie. It is made up of a bunch of images taken by the rover during January 2015 by the Mars Hand Lens Imager. This (MAHLI) camera is at the end of the robot’s arm. For a sense of scale the rover’s wheels are about 20 inches diameter and 16 inches wide. Check the annotated image below for more information on the surroundings. Also if you really want to see some detail click this very large image, 36mb, at NASA.  

How the Sahara Helps Feed the Amazon (Video)

Sahara to Amazon
This cool video from NASA shows how dust is transferred across the Atlantic to the Amazon rainforest and helps nourish the plants growing there. For the first time scientists have measured the amount of dust and the amount of phosphorus in the dust. The later acts like a fertiliser and helps replenish the phosphorus the rainforest loses each year, around 22,000 tons. Amazing how something we perceive as being desolate like a desert actually has an important role in sustaining somewhere we see as teeming with life. Image and video from NASA’s Goddard Space Flight Center.

Bouncing Laser Guided Bomb (Video)

This amazing video shows a laser guided bomb bouncing back up after hitting its target. We actually think this is a non-explosive bomb designed to test guidance systems but it is still pretty remarkable and somewhat scary.

South Koreans Swallowed by Sinkhole (Video)

Thankfully the couple survived their adventure.
This amazing footage taken from the CCTV on a passing bus shows the moment two pedestrians in South Korea fall down a sinkhole in the street! Rescue workers managed to save the pair, who were treated in a nearby hospital for minor injuries. According to reports the city authorities and the Korean Geotechnical Society are looking into the cause.