2011–2012
Governance crisis surrounding RIM's co-CEO model
Investors and analysts criticise the Balsillie-Lazaridis joint leadership and the lack of strategic renewal.
- State of the evidence
- Documented
Sources · 1
- [1]
Last verified: 5 September 2026

Photo: AtelMedia Technologies · CC BY 2.0 · Wikimedia Commons
Born in Canada · Nationality Canadian — Business / finance / tech
Documented profile covering 9 controversies, including “Stock option backdating at RIM and resignation from chairmanship” and “Restatement of approximately 250 M$ in RIM accounts”.
Profile No. 0777 · Updated on 12 October 2026
§ Legal statuses reflect the documented sources as of the date shown; they replace neither court decisions nor the presumption of innocence. Counts are not a rating. Methodology
2011–2012
Investors and analysts criticise the Balsillie-Lazaridis joint leadership and the lack of strategic renewal.
Last verified: 5 September 2026
2012
Balsillie also leaves the board after his strategy to open BlackBerry services to other platforms is rejected.
Last verified: 5 September 2026
2007–2011
Balsillie downplays the competitive threat posed by the iPhone, a position that becomes emblematic of RIM's strategic mistakes.
Last verified: 5 September 2026
1996–2009
An internal review identifies numerous improper option-granting and dating practices; Balsillie steps down as chairman and reaches a settlement with the OSC.
Last verified: 5 September 2026
2009
Balsillie makes his offer conditional on relocation to Hamilton, triggering a major legal and institutional conflict with the NHL.
Last verified: 5 September 2026
2009
The Board of Governors rejects his application for ownership, citing concerns about character and integrity.
Last verified: 5 September 2026
2007
RIM substantially restates its financial statements because of improper stock option accounting.
Last verified: 5 September 2026
2007
Balsillie accepts season-ticket deposits for a future team in Hamilton before the sale has even taken place, despite NHL opposition.
Last verified: 5 September 2026
2006
The proposed purchase fails, notably because of NHL restrictions concerning a possible relocation.
Last verified: 5 September 2026
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