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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Casey Anthony will be released from jail July 17 | 07 Jul 2011 Suspect in 7 murders kills himself, hostages safe 12:45am EDT Texas fight with EPA grows with power-plant rule 07 Jul 2011 Internet providers to act against online pirates 07 Jul 2011 China warns U.S. officials not to meet Dalai Lama 07 Jul 2011 Discussed 210 Minnesota government shutdown begins after talks fail 132 Obama: ending tax breaks required to cut deficit 99 Jury resumes deliberations in Casey Anthony murder trial Watched Mobile harbor delivers the goods for container ships at sea Wed, Jul 6 2011 A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Skyping on Facebook Wed, Jul 6 2011 Proxy firm unimpressed by RIM promise about board Tweet Share this Email Print Related News RIM agrees to study board changes; avoids vote Thu, Jun 30 2011 Proxy firms' backing to help LSE in race for TMX Tue, Jun 28 2011 Advisory firms may give LSE an edge bid for TMX Tue, Jun 28 2011 Japan utility gets to keep nuclear reactors despite Tue, Jun 28 2011 Japan utility faces shareholder wrath over nuclear crisis Tue, Jun 28 2011 Analysis & Opinion News Corp’s weak governance looks chronic Maybe now BofA boss Moynihan can open Moynihan era Related Topics Technology » Research in Motion (RIM) co-CEO Jim Balsillie (R) and President and co-Ceo Mike Lazaridis listen during the annual general meeting of shareholders in Waterloo, Ontario, July 14, 2009. Credit: Reuters/ Mike Cassese TORONTO | Thu Jul 7, 2011 6:24pm EDT TORONTO (Reuters) - Proxy firm Glass Lewis was left unimpressed by Research In Motion Ltd's promise to study board changes while avoiding an imminent shareholder vote on the matter. The BlackBerry maker last week succumbed to shareholder pressure, supported by Glass Lewis and another major proxy firm, saying it would form a committee to report back by early next year on whether co-CEOs Mike Lazaridis and Jim Balsillie should also retain roles as co-chairmen. In turn, activist shareholder Northwest and Ethical Investments withdrew a proposed vote that would have been held at RIM's July 12 annual meeting. In an update to its initial report supporting a split, Glass Lewis said it was time for action, not further study. "In short, we believe the proposed committee will be of limited utility in advancing the establishment of independent board oversight," Glass Lewis analysts wrote in a report. (Reporting by Alastair Sharp; editing by Andre Grenon) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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