On his first-ever earnings conference call, newly christened Research in Motion CEO Thorsten Heins seemed to come to terms with the bad hand he’s been dealt and admitted that the company was in need of “substantial change.”
“I’ve been the CEO of RIM for just over 10 weeks now,” Heins said on the call. “It is now clear to me that substantial change is what RIM needs.”
Change is indeed in order. RIM reported disastrously bad quarterly results today, with lower-than-expected revenues. And in a shock, former co-CEO Jim Basillie resigned from the company’s board of directors. Major execs David Yach, Software CTO, and Jim Rowan, COO of Global Operations, were also let go.