Tags: RIM | Executives

RIM Loses Another Senior Executive

Monday, 28 May 2012 04:13 PM

Struggling Blackberry-maker Research In Motion Ltd. is losing another senior executive, as its chief legal officer is retiring from the company after 12 years.

RIM said Monday that Karima Bawa had been in discussions about her retirement for some time and plans to stay on to help with the transition once a replacement has been hired.

The departure comes amid reports that RIM may announce a major restructuring that could result in thousands of job cuts.

It also follows the departure last week of Patrick Spence, RIM's head of global sales. A number of executives left earlier this year, including founder Mike Lazaridis and co-chief executive Jim Balsillie. Lazaridis remains on the board.

Thorsten Heins became RIM's chief executive in January after RIM lost tens of billions in market value.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
130
2012-13-28
Monday, 28 May 2012 04:13 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved