Directors at RIM Pressed to Exert Control
After a disastrous year at Research in Motion Ltd., Wall Street and a wide swath of corporate Canada are now asking: Where’s the board?
RIM shares hit a series of multiyear lows after warning on Dec. 15 its new BlackBerry won’t be out until later next year. Its current line isn’t selling well in the U.S., as Apple Inc.’s iPhone and other competitors gobble up market share.