Today's Hard|Forum Post
Today's Hard|Forum Post

Friday June 15, 2012

Former RIM CEOs Get Millions

Wouldn't it be great to get millions and millions of dollars for running a company into the dirt?

According to RIM’s latest 6-K filing with the U.S. Securities and Exchange Commission, Balsillie was given a payout of $7.93 million for the current fiscal year, which includes salary, bonus and a severance package valued at about $4.8 million. Lazaridis received $3.96 million in salary and awards, as well as a 10-year extension on health coverage for himself and his family, and a company car and driver.