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RIM shares drop after minor board shuffle

TORONTO (Reuters) – Shares of Research In Motion fell 2.5 percent on Thursday after the struggling BlackBerry maker named a financier to replace a telecom executive on its board, disappointing investors looking for more sweeping changes. The company, whose share price has tumbled alongside its once-dominant share of the smartphone market, also said it paid its new CEO more than $10 million in the company’s last fiscal year and gave him hundreds of thousands of stock options to take the top job in January. …

Quoted from RIM shares drop after minor board shuffle on Gadgets News Headlines – Yahoo! News

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