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Submission + - RIM's Mike Lazaridis and Jim Balsillie resign (thestar.com)

peterjt writes: WATERLOO—Research In Motion’s Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs and co-chairmen, handing the top job to an insider with four years at the struggling BlackBerry maker.

Thorsten Heins, a former Siemens executive who has risen steadily through RIM’s upper management ranks since joining the Canadian company in late 2007, took over as CEO on Saturday, RIM said on Sunday. The shift ends the two-decade partnership of Lazaridis and Balsillie atop a once-pioneering company that now struggles against Apple and Google.

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RIM's Mike Lazaridis and Jim Balsillie resign

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