Co-CEOs Resign at RIM

RIM announced that Mike Lazaridis and Jim Balsillie have resigned as Co-CEOs & Co-Chairmen of the company. Lazaridis will stay on the Board as Vice Chairman and Balsillie will serve as a Director. In response to the resignations, the company has named COO Thorsten Heins as CEO of the company. Prior to joining RIM in 2007, Heins served as the CTO of Siemens' Communications Division. Barbara Stymiest, a Board Member since 2007, has been named as the company’s new Independent Chairman.

Major Executive Shakeup at Qualcomm

Steve Altman, 49, has been appointed as the new Vice Chairman of Qualcomm. Most recently, Altman served as President of the company. Prior to being named President, Altman served as EVP & President of Qualcomm Technology Licensing. He also serves on the Board of Directors at Amylin Pharmaceuticals.