Daniel Porter
Jul 10, 2012
Featured

RIM to further adjust board

The latest Blackberry is delayed until after the Christmas shopping season -- the most recent in a slew of increasingly unfortunate news for the Canadian phone maker. Now, Chairwoman Barbara Stymiest is yet again responding to shareholder pressure for further overhaul of the floundering company's board. I for one am not convinced that RIM will, in the end, be able to pull off a recovery -- though I will say that they sure aren't giving up without a fight.

RIM CEO, Board Move to Appease Shareholders at Meeting - WSJ.com
Research In Motion's chairwoman said the BlackBerry maker is actively looking to further shake up its board of directors, in a further move aimed at appeasing frustrated investors.