Former RIM CEO to lead Canadian agency on green tech

Jim Balsillie, the former co-CEO of BlackBerry maker Research in Motion, is appointed to chair of Sustainable Development Technology Canada.

RIM co-CEO Jim Balsillie speaking at Mobile World Congress in 2011. CNET

After wiping his hands clean of Research In Motion, former co-CEO Jim Balsillie will now lead Sustainable Development Technology Canada, a federal agency that promotes green tech, The Canadian Press reported Tuesday.

Balsillie left Canadian-based RIM, the maker of BlackBerry, in March 2012 amid shareholder criticism over the company's poor performance in recent years. Co-CEO Mike Lazaridis also stepped down, but remained on the board until his retirement in May. Since leaving the company, Balsillie has dropped all of his RIM stock .

He is contracted to stay in his new position, chair of Sustainable Development Technology Canada, for five years. The agency, established in 2001, received $235 million in funding from the Canadian government this year to focus on projects that address climate change and environmental issues.

 

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