Shareholders give RIM board vote of confidence


Research in Motion decision makers re-elected with between 60 and 86 per cent of vote each at AGM

The RIM board have been given a vote of confidence by shareholders at today’s AGM with each member receiving between 60 and 86 per cent support, including president and CEO Thorsten Heins who polled 85.2 per cent in his re-election.

At the event in Waterloo, Canada, Heins, along with other board members, faced questions from shareholders and spoke bullishly on the future of RIM and BlackBerry, focusing on the launch of BlackBerry 10 in the first quarter of next year.

Despite some shareholders questioning historical decisions made by failing to react with industry trends, the overall questioning was not as harsh as analysts had predicted, with many reacting well to Heins’s statements on the company’s desire to launch BB10 on ‘premium handsets’ while in the meantime focusing on emerging markets and on the business market.