{"id":5590,"date":"2013-02-15T14:18:08","date_gmt":"2013-02-15T18:18:08","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=5590"},"modified":"2013-02-15T14:18:08","modified_gmt":"2013-02-15T18:18:08","slug":"ex-ceo-balsillie-divests-the-last-5-1-of-blackberry-in-his-ownership-2","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/ex-ceo-balsillie-divests-the-last-5-1-of-blackberry-in-his-ownership-2-5590","title":{"rendered":"Ex-CEO Balsillie Divests The last 5.1% Of BlackBerry In His Ownership"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 02\/15\/2013 (wallstreetpr) &#8211; In a regulatory filing , Jim Balsillie the former Co Chief Executive Officer of Research In Motion Ltd. (NASDAQ:BBRY) reported that he has divested the last of his shareholding in the phone maker.<\/p>\n<p style=\"text-align: justify;\">Balsillie who also co-founded the Canadian technology company has a net worth of $800 million, making him the 20<sup>th<\/sup> wealthiest man in Canada. In the world\u2019s most wealthy ranking by Forbes he holds 692<sup>nd<\/sup> rank.<\/p>\n<p style=\"text-align: justify;\">He resigned the company in January 2012 after it reported recurrent losses, along with Mike Lazaridis, also co-CEO of the tech Goliath at that time. Both of them owned 5% of the company\u2019s shares at the time they vacated the office. He helped run the company for over 20 years through thick and thin.<\/p>\n<p style=\"text-align: justify;\">In his regulatory filing before the Securities &amp; Exchange commission Balsillie revealed he sold the whole of the last chunk of ownership of In Motion Ltd (NASDAQ:BBRY) held by him until last year.<\/p>\n<p style=\"text-align: justify;\">\u201cBalsillie has no holdings in the company as of Dec. 31<sup>st<\/sup>\u201d, according the filing dated today.<\/p>\n<p style=\"text-align: justify;\">The shares of Research In Motion Ltd (NASDAQ:BBRY) were down by 6.10% and currently trading at $14.16.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 02\/15\/2013 (wallstreetpr) &#8211; In a regulatory filing , Jim Balsillie the former Co Chief Executive Officer of Research In Motion Ltd. (NASDAQ:BBRY) reported [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[265,263],"tags":[1682,1681],"stock_ticker":[],"class_list":["post-5590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-technology","tag-nasdaqbbry","tag-research-in-motion-ltd-nasdaqbbry","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ex-CEO Balsillie Divests The last 5.1% Of BlackBerry In His Ownership - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/ex-ceo-balsillie-divests-the-last-5-1-of-blackberry-in-his-ownership-2-5590\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ex-CEO Balsillie Divests The last 5.1% Of BlackBerry In His Ownership - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 02\/15\/2013 (wallstreetpr) &#8211; In a regulatory filing , Jim Balsillie the former Co Chief Executive Officer of Research In Motion Ltd. 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