Kukla's Korner Hockey
Remember Jim Balsillie?
by Paul on 03/05/07 at 02:17 PM ET
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from eWeek,
Research In Motion Chairman and co-CEO Jim Balsillie will step down as chairman of the Canadian maker of the popular BlackBerry device. The resignation comes in the wake of reports that the company misstated $250 million in stock options. Balsillie will stay on as co-CEO of RIM. According to a statement released by the company today, RIM will restate its 2006 earnings by $250 million. The error came to light following an accounting review.
thanks to a KK member for the heads-up.
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