Research In Motion (RIMM) Marketing Chief Leaves Ahead of PlayBook Launch
Shares of Research In Motion Ltd. (Nasdaq: RIMM) fell late in the session today following reports from the Wall Street Journal that the company's chief marketing officer Keith Pardy is leaving for personal reasons.
Mr. Pardy plans to help the company over a six-month transition period.
The departure comes just weeks ahead of the launch of the company's PlayBook tablet product.
While the initial move in the stock is lower, some investors might actually welcome the news.
Shares of RIM are down 2.9%.
Mr. Pardy plans to help the company over a six-month transition period.
The departure comes just weeks ahead of the launch of the company's PlayBook tablet product.
While the initial move in the stock is lower, some investors might actually welcome the news.
Shares of RIM are down 2.9%.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ByteDance Prefers TikTok Shutdown in US if Legal Options Fail - Reuters
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Fisker (FSR) files form 10-K, sees more job cuts, reiterates going concern doubts
Create E-mail Alert Related Categories
Insiders' Blog, Management Changes, Trader TalkRelated Entities
PlayBookSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!