Investor proposes RIM splits CEO and board chairmen roles

**TheOnlyJrod** · 06-13-2011, 10:19 AM

On Friday, Northern and Ethical Investments, an investor in Research In Motion, has called for a shareholder vote to decide if co-CEOs Mike Lazaridis and Jim Balsillie should remain both co-chief executives and co-chairmen of the company’s board. Their proposal is that either Jim or Mike should be CEO and the other be Chairmen of the company's board. Reuters, reports that RIM has already ask their shareholders to vote down the proposal at this upcoming meeting.

Personally, I think that the Investors should back off. they make a great partnership and no matter their titles Jim and Mike still have the company's best interests at heart.

What do you think?

[Reuters]

**sabisgeek** · 06-13-2011, 10:40 AM

I agree with RIM. The investors should just leave them be. Why try to fix something that isn't broken?

**Joe Jerde** · 06-13-2011, 05:08 PM

The investors may be thinking that with both of them split up, that will allow for more decisive decision making. In the business world, sometimes two heads is not better than one.