The former Executive Director of the BlackBerry sells entire stake

The former Executive Director of the BlackBerry sells entire stake

Sold the former Executive Director of the company, Jim Balsillie, BlackBerry full his share in the company at a very bad time, as the Canadian company suffers from many problems and barely has launched its latest operating system.
Balsillie was year ago holds the largest share of the company in terms of individual investors, which owned 16.7 million shares, representing more than 5% of the company.
Sell real estate against payment of an annuity

sell annuity

The move to the end of the series disappointed at BlackBerry for Balsillie, 22 January 2012 resigned to be replaced by the new Executive Director Thorsten Heins, on 29 March the company announced that Balsillie will come out of the company’s Board of Directors also having arrived with new CEO about business strategy.
It seems clear that Balsillie was waiting for the BlackBerry, both a new operating system and some new smart devices to determine whether remains with the company or leave as an investor.