Marketing Exec Flees Flailing RIM for Samsung
Following the medical leave of COO Don Morrison, the resignation of marketing head Keith Pardy, and news of job cuts looming in the future, RIM digital marketing wizard Brian Wallace has taken his traded his position with BlackBerry-maker RIM for a vice president of strategic marketing gig at Samsung. The wounded RIM is slowly bleeding itself dry after posting profit losses that are only projected to increase due to delays in launching new products. Shares in RIM have already lost half of their value since the beginning of the year, and new devices such as the BlackBerry PlayBook have done little to bolster a company left hurting from the overwhelming success of competitors Google and Apple. Samsung is one of Android’s biggest manufacturers, and Wallace’s new position with the company comes at an even greater cost to RIM.
[via Reuters]