RIM Loses Yet Another Top Executive
Research In Motion executives have been jumping ship frequently for a good year now.
The latest high-rank employee to abandon the struggling company is Frenny Bawa, managing director of RIM's Indian unit. The key overseas exec is leaving to "pursue other interests."
RIM's time in India has not been an easy one; the controlling government has make numerous demands on the company to gain access to BlackBerry's secure communication system. The Waterloo tech firm has given into some demands but refused to let anyone monitor enterprise emails on BlackBerrys.
Last month, India BlackBerry users—of which there are more than a million—experienced a devestating four-day outage. In these troubled times, RIM's stock has plunged to an 8-year-low.