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Thorsten Heins was named President and Chief Executive Officer at Research In Motion in January 2012. He previously served as Chief Operating Officer, Product Engineering, overseeing the BlackBerry smartphone portfolio world-wide. Photo credit - www.rim.com

New CEO reminds investors of how sound a company RIM is

Tells 570's Gary Doyle that investors just need to be patient

Paul McPhee - Gary Doyle - 570 News Jan 26, 2012 05:46:08 AM
Research in Motion's new CEO is urging investors to be patient.

Just days into his new job, Thorsten Heins has found himself in the hot seat, fending off claims the management change is more of the same old, same old.

In a one-on-one interview with 570's Gary Doyle, Heins says RIM is a very sound company with lots of money in the bank.

He says the company and its employees don't deserve "...this kind of feedback."

He vows to tackle the criticism and he will do that by bringing "...the product out that we currently have in the pipeline..." adding he is well aware "...this is the business of tomorrow..."

As for calls for major changes, Heins says "...there's no need to turn RIM upside down..." and the company will continue to grow and evolve.

From a personal standpoint, he says he has 27 years in the telecom business and promises to prove that he and RIM can be a major player in the high tech business.

Of note from the markets; after back-to-back days of losses, shares of Research in Motion closed up yesterday.

They were up roughly 8% after posting losses of 9% on Monday and 3% on Tuesday.

You can listen to the interview in it's entirety by clicking play on the audio player to the left of this story.

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