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RIM Co-CEOs step down, Thorsten Heins takes over as President and CEO [Update:video]

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A move speculated on the Wall Street for many weeks has turned into a reality. Blackberry maker Research in Motion Co-CEOs, Mike Lazaridis and Jim Balsillie have stepped down from their position to become Vice Chair of the Board, Chairman of the new Innovation Committee and a member of the Board respectively.

Thorsten Heins will be promoted to President and CEO of RIM. Heins joined he company from Siemens Communications Group in 2007 and COO for Product and Sales in August 2011.

Meet Thorsten Heins in the video below:

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