Disappointed with a New CEO, RIM Stocks Slump

Toronto, Canada - Thorsten Heins did not seem to successfully won the hearts of investors. In his first appearance before analysts and shareholders, the new CEO of Research In Motion (RIM) is speaking for 30 minutes about the transition of leadership. Unfortunately, the market greeted him coldly.

It is very long, RIM shareholders expect a change and something new in the BlackBerry maker. In recent years, the company has eroded the power of Apple, Android platforms and because a wrong move at their own pace.

"I do not think we need drastic changes. We are growing, but this is not a seismic change," Heins said in a statement as reported by Information Week, Tuesday (01/31/2012).

Analysts assess, Heins seems more focused on choosing a better execution step, not a change of strategy. He still thinks like a Chief Operating Officer (COO), according to the assigned position before lined up as CEO.

Some time after that statement, RIM shares on the Toronto Stock Exchange stock exchange fell 9.11 percent to 15.60 Canadian dollars. Something similar happens on the floor of the Nasdaq stock market, where RIM shares fell USD 1.44 to USD 15.56, or 8.47 percent decline.

Which are at issue is even though there is a change in the leadership of the company RIM, but it looks like RIM will remain the same strategy. This decision will bring improvements not assessed for the Canadian company in the future.

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