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RIM chairman steps aside over stock options dating »

Posted by: Fabienne 2 years, 9 months ago

From the article: "Research in Motion Ltd. said Monday its chairman is stepping aside as the maker of the popular BlackBerry device restates its results, reducing earnings by up to US$250 million dating to fiscal 2004 due to incorrect dates for stock options grants. The company said Jim Balsillie has voluntarily stepped down as chairman, but will remain as co-chief executive with Michael Lazaridis and will stay on as a director."

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Fabienne

Multichannel audio specialist and futurist Fabienne Serriere is a Franco-American hardware, software and embedded interaction designer. She believes in a gorgeous technologically morphable future. Her ...

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Comments: 4
  • Avg rating: (+0/-0 0)TechnologyExpert
    TechnologyExpert
    March 5, 2007, 12:12 p.m.

    Based on past recent news, I wonder what kind of huge "golden parachute" he's gonna get.

    • Avg rating: (+0/-0 0)Auzie
      Auzie
      March 5, 2007, 12:26 p.m.

      Yeaahhhh..... Why is this the top story and not the Brittney Spears one?

      • Avg rating: (+0/-0 0)TheTruth1973
        TheTruth1973
        March 5, 2007, 2:01 p.m.

        "Research in Motion Ltd. said Monday its chairman is stepping aside as the maker of the popular BlackBerry device restates its results, reducing earnings by up to US$250 million (â;¬189 million) dating to fiscal 2004 due to incorrect dates for stock options grants."

        Does this seem like a poorly-written paragraph to anyone?

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