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Other Pages On This Site Conrad Black Trial - The Latest News The Conrad Black Trial in Depth Hewlett Packard's Resurgence Hewlett Packard's Governance Woes Blackberry Maker Professes Sweeping Governance Changes After Accounting Problems Insurer Seeks Shareholder Opinion on Executive Compensation Board Compensation Committee's Face Increasing Criticism Warren Buffett's Succession & Governance Plans Spotlight on CEO Compensation CEO Calls Governance Researchers Birdbrains!Governance Issues Arising from Corporate Scandals Sarbanes-Oxley Legislation News & Views Enron Timelines World Com Timelines Governance Best Practices - TELUS what are being reported as sweeping corporate governance reforms - reforms being made in the wake of a disclosure of US0 million in accounting errors related to under-reporting stock option costs.

It remains to be seen if the process of electing directors is open and competitive, or whether selected candidates must be nominated by a nominations committee.Black Berry's software and hardware products are used worldwide by various governments' agencies and by car makers and industrial plants.The company is headquartered in Waterloo, Ontario, Canada.Three and a quarter years of earnings will need to be reduced by the amount of the errors.In its press release RIM announced that, "Consistent with current best practices in corporate governance, the roles of Chairman and CEO are being separated. Balsillie has voluntarily stepped down from the role of Chairman to allow future consideration of a non-executive Chairman by the Nominating Committee. Balsillie will retain his leadership roles as Co-CEO and Director." In addition, the release states that "the board has been expanded from seven members to nine." Regarding his stepping down as chairman, Jim Balsillie, says "That one's overdue in everybody else's mind," he said. 1 recommendation by all the governance practices by every single Canadian regulator." "We were one of the last holdouts for separating chair and CEO (positions), which seems to be something that people are focusing in on.“The ‘S’ stands for speed,” Apple senior vice-president Philip Schiller said during the unveiling at the Moscone Center in San Francisco.