A Canadian agency appoints Research In Motion co-founder Jim Balsillie to chair Sustainable Development Technology Canada. June 25, 2013 12:44 PM PDT RIM co-CEO Jim Balsillie speaking at Mobile World Congress in 2011. (Credit: CNET) After wiping his hands clean of Research In Motion, former co-CEO Jum Balsillie will now lead Sustainable Development Technology Canada, a federal agency that promotes green tech, The Canadian Press reported Tuesday. Balsillie left the Canadian-based RIM in March 2012 amid shareholder criticism over the RIM's poor performance in recent years. Co-CEO Mike Lazaridis also stepped down, but remained on the board until his retirement in May. Since Balsillie's departure, he has dropped all of his RIM stock. He is contracted to stay in his new position, chair of Sustainable Development Technology Canada, for five years. The government pays the agency, established in 2001, $235 million to focus on projects that address climate change and environmental issues. Donna Tam Donna Tam is a staff writer for CNET News and a native of San Francisco. She enjoys feasting, merrymaking, checking her Gmail, and reading on her Kindle. Before landing at CNET, she wrote for daily newspapers, including the Oakland Tribune, The Spokesman-Review, and the Eureka Times-Standard.
A Canadian agency appoints Research In Motion co-founder Jim Balsillie to chair Sustainable Development Technology Canada.
RIM co-CEO Jim Balsillie speaking at Mobile World Congress in 2011.
(Credit: CNET)
After wiping his hands clean of Research In Motion, former co-CEO Jum Balsillie will now lead Sustainable Development Technology Canada, a federal agency that promotes green tech, The Canadian Press reported Tuesday.
Balsillie left the Canadian-based RIM in March 2012 amid shareholder criticism over the RIM's poor performance in recent years. Co-CEO Mike Lazaridis also stepped down, but remained on the board until his retirement in May. Since Balsillie's departure, he has dropped all of his RIM stock.
He is contracted to stay in his new position, chair of Sustainable Development Technology Canada, for five years. The government pays the agency, established in 2001, $235 million to focus on projects that address climate change and environmental issues.
Donna Tam is a staff writer for CNET News and a native of San Francisco. She enjoys feasting, merrymaking, checking her Gmail, and reading on her Kindle. Before landing at CNET, she wrote for daily newspapers, including the Oakland Tribune, The Spokesman-Review, and the Eureka Times-Standard.
