In Pictures: Is RIM ruined?

Bad news keeps piling up on RIM, but it wasn’t always that way

Former co-Ceo of Research in Motion, Mike Lazaridis, poses for a portrait at the RIM headquarters in Waterloo, in 2009. Lazardis and the other Co-CEOs Jim Balsillie have been on the receiving end of criticism for how things have gone at RIM. CIO magazine wrote: “When things are going great, people will praise even a committee of so-called leaders. It really doesn't matter who's in charge. But when challenges arise, there can be only one who steps up and carries the company on his or her shoulders. This is where RIM's Co-CEO structure has failed. Risk-taking. Accountability. Consequence. You can't divvy them up.” Both gave up their postions to current CEO Heins in January.

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