The Globe & Mail’s Paul Waldie and Body Erman posted a video this morning asking if Research in Motion’s (RIMM) co-CEO Mike Lazaridis should go. (A video preceded, I would note, by an add for the BlackBerry PlayBook tablet computer!)
The question, as framed in the video, is whether the top “nerd,” Lazaridis, must go because he’s not “putting out the product.”
Lazaridis shares the CEO role with Jim Balsillie, regarded more as the marketing/financial person. One question was whether Balsillie has been distracted by his attempts to purchase hockey teams. Balsillie’s sometimes obscure language on company conference calls was contrasted with the smooth style of Apple (AAPL) CEO Steve Jobs.
Some of the guests on the video asked whether the problem is not so much either gentleman but rather the co-CEO structure itself, and whether the two CEOs still get along, as there have been rumors of a cooling in their relationship.
And then, too, it could just be more of the Street’s short-term obsession and its recent fixation on regime change.
RIM shares today are down 83 cents, or 2%, at $42.77.
Article courtesy of Tech Trader Daily
