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tronics technician at ontario hydro and laurel balsillie the family moved to peterborough when jim was five years old 5 he received a bcomm degree from trinity college at the university of toronto in 1984 where he was also a member of the zeta psi fraternity he earned an mba from harvard business school in 1989 he also received an honorary phd from wilfrid laurier university career edit early career edit after graduating from harvard business school balsillie was an executive vice president and chief financial officer of technology for cambridge ontario based design and construction services company sutherland schultz he left that position in 1992 when sutherland schultz was sold to the vollmer group research in motion edit in 1992 after initially making overtures to buy the company balsillie invested ca 125 000 in research in motion rim and joined as co ceo with founder mike lazaridis 6 the company had fewer than ten employees and would eventually become the international powerhouse called blackberry limited with as many as 28 000 employees 6 both men prospered from the partnership lazaridis looked after the technological side and balsillie looked after the sales business and accounting side 6 canadian newspaper the globe and mail contended that balsillie infused rim with an institutional arrogance as he remade the landscape of the smartphone industry he was feared and respected by senior managers within his hierarchy the twin ceo structure of lazaridis and balsillie eventually became cumbersome and inhibited their competition with the apple iphone and google s android devices 6 on march 5 2007 balsillie resigned his role as chairman of rim as the firm reported over us 250 million in past stock option accounting errors after an extensive review he retained his roles as co chief executive and director 7 on may 17 2007 rim announced that consistent with current best practices in corporate governance the roles of chairman and ceo have been separated 8 in june 2007 apple brought its first touchscreen smartphone to the market 9 blackberry would not have a touch screen smartphone until after balsillie s departure from the executive suite 6 in february 2009 as part of the penalties and sanctions approved by the ontario securities commission osc in settling the improper option practices which the osc called a fundamental failure of governance balsillie was forced to resign as a director of rim 10 in may 2010 almost immediately after the osc sanctions expired balsillie was reappointed to the board in spite of strong shareholder objections and notwithstanding rim s earlier public representations that the roles of chairman and ceo were separated blackberry os lost its market dominance to google s android technology in 2010 from a peak of over 22 of the operating system market in 2009 11 blackberry os has not received an official update since march 2022 12 at the end of 2011 balsillie was the third largest shareholder of the company holding 5 1 of the outstanding shares 6 but that june blackberry cut 2 000 employees or 11 of its global workforce and the joint ceos reduced their pay to 1 the share value had tumbled from 137 41 in 2008 to 14 80 at the end of 2011 by then the iphone from apple had launched and cornered the mobile apps market and some investors called for resignations from the executive suite 9 on january 22 2012 balsillie and co ceo mike lazaridis resigned from their positions and were replaced by rim chief operating officer thorsten heins 13 two months later on march 29 2012 rim announced that balsillie would be stepping down from the board of directors 14 he resigned from the board due to strategic differences with heins who abandoned the licensing strategy that balsillie was pursuing 15 one publication blamed managerial gridlock and deteriorating product quality for blackberry s fall from grace in the years from 2010 to 2013 and beyond 11 the decline was steep for rim in the span of five years the company had gone from canada s most valuable property surpassing even the biggest bank to a tenth of its former value 9 balsillie commercialised 44 000 patents during his career at rim and claims he is the largest commercial ip protagonist in the history of canada 5 failed nhl ownership bids edit balsillie was involved in at least three attempts to buy a national hockey league franchise with the overt intention of moving it to hamilton ontario on october 5 2006 balsillie made a bid to purchase the pittsburgh penguins franchise for us 185 million from owners mario lemieux and ronald burkle on december 15 2006 balsillie withdrew his bid to buy the team after receiving a notice from nhl commissioner gary bettman that the league would negotiate the arena deal on his behalf and the league also wanted the right to take over the team if necessary on may 23 2007 it was announced that balsillie had reached a tentative agreement to buy the nashville predators from craig leipold on june 28 2007 cbc ca reported that leipold had decided not to sign a binding agreement with balsillie though balsillie offered lip service that he would keep the team in nashville he reactivated a deal to become the primary tenant of copps coliseum in hamilton and was already selling season tickets in the city which influenced the decision to deny balsillie the predators 16 17 on may 5 2009 balsillie made an offer of us 212 5 million to purchase the phoenix coyotes following the team s filing for bankruptcy protection in arizona 18 19 in a press release from toronto the offer to purchase was described as conditional on relocation to southern ontario at the request of then owner jerry moyes balsillie agreed to post debtor in possession financing of 17 million to allow the coyotes to operate in advance of a restructuring or a sale a few hours later the nhl citing a proxy agreement signed by moyes removed him from all decision making regarding the future of the coyotes on june 15 2009 judge redfield t baum rejected balsillie s bid to purchase the coyotes from the bankruptcy trustee judge baum s ruling stated that he did not have the power to force the team to move and that balsillie s june 29 deadline did not give the court enough time to resolve all the issues in the case on september 30 2009 balsillie s bid was again rejected by judge baum who also rejected the nhl s bid balsillie s bid was rejected with prejudice preventing him from making another bid for the coyotes balsillie did not appeal the ruling it was rumoured that balsillie made an unnamed bid to purchase the buffalo sabres during their sale in 2011 to terry pegula it was also rumoured that balsillie was interested in purchasing the atlanta thrashers prior to their 2011 purchase relocation and rebranding as the winnipeg jets by true north sports entertainment but neither of these rumours was confirmed 17 philanthropic work and awards edit balsillie is a philanthropist who supports numerous local and national initiatives in 2007 he donated ca 50 million to the university of waterloo wilfrid laurier university and the centre for international governance innovation cigi as part of a 100 million equivalent to 147 million in 2025 initiative to create the balsillie school of international affairs bsia balsillie created the canadian international council cic through a partnership with the canadian institute of international affairs ciaa and cigi he is also the founder of the council of canadian innovators balsillie has contributed resources and time to organizations such as waterloo children s museum grand river hospital the canadian olympic foundation and others in 2012 osgoode hall law school faculty council rejected balsillie s proposed 60 million collaboration between the school and cigi split into two equal donations by each of the cigi and the government of ontario to establish a school of international relations at york university and fund 10 research chairs in international law 20 21 in june 2013 the harper government appointed balsillie as chair of sustainable development technology canada 22 in october 2022 he published an op ed in the globe and mail critical of the trudeau government for proposing the digital charter implementation act 2022 bill c 27 writing that it normalizes and expands surveillance and treats privacy as an obstacle to corporate profits not as a fundamental human right or even a right to effective consumer protection 23 personal life edit jim balsillie married his wife heidi in 1989 in hamilton ontario they had two children before separating in 2011 24 he serves as the honorary captain of hmcs star in the royal canadian navy 25 when asked about potential political aspirations balsillie stated that i d be the worst politician in the world if i don t like people i can t hide it he maintains that all three major political parties in canada have made unsuccessful efforts to recruit him 5 in popular culture edit glenn howerton portrayed balsillie in the 2023 film blackberry balsillie has stated howerton s portrayal of him is inaccurate and exaggerated balsillie was portrayed as arrogant rude and aggressive in the film while being extremely effective thus making him anti heroic he has said the consensus on his characterisation is that it was 5 accurate and 95 made up but also said that he could take being teased having lived 60 years with his last name containing the words balls and silly balsillie helped promote the film by doing television interviews and attending premieres he praised howerton s performance as brilliant 26 references edit jim balsillie pdf waterloo public library archived from the original pdf on july 26 2011 retrieved november 3 2010 borgeaud alexandra january 30 2024 blackberry rim s revenue from fiscal year 2004 to 2023 in million u s dollars statista archived from the original on january 23 2024 retrieved february 18 2024 brown abram both blackberry founders are gone now could either become a billionaire again forbes retrieved december 21 2021 lornic john april 23 2019 jim balsillie has emerged from retirement with a mission to save canada s tech sector mcleans retrieved december 21 2021 1 2 3 are you afraid of google blackberry cofounder jim balsillie says you should be the walrus april 10 2019 1 2 3 4 5 6 in motion jim balsillie s life after rim the globe and mail inc february 14 2013 rim co ceo drops chairman title reuters march 5 2007 deficient governance model research in motion governancecanada com february 15 2012 1 2 3 rim s rise and fall a short history of research in motion canadian press global news january 28 2013 settlement hearing in the matter of research in motion limited james balsillie mike lazaridis dennis kavelman angelo loberto kendall cork douglas wright james estill and douglas fregin pdf ontario securities commission may 21 2009 1 2 the inside story of how the wheels came off at research in motion st joseph communication canadian business may 29 2015 blackberry blackberry 10 and blackberry os services faq end of life www blackberry com retrieved february 14 2026 rim shares fall after ceo shakeup cbc news january 23 2012 retrieved november 21 2023 russolillo steven march 29 2012 rimm results not so hot balsillie resigns from board the wall street journal connors will june 28 2012 multiple missteps led to rim s fall the wall street journal retrieved november 21 2023 balsillie s bid to buy the predators nixed report cbc sports june 28 2007 retrieved december 13 2018 1 2 small hentley june 16 2009 the nhl vs jim balsillie the battle for the coyotes bleacher report retrieved december 13 2018 timeline jim balsillie s bid to buy the coyotes cbc september 9 2009 austen ian may 10 2009 first blackberry now seeking taste of n h l the new york times hopper tristin april 3 2012 york university rejects rim co founder jim balsillie s 60 million deal national post retrieved may 29 2023 kelly declan april 2 2012 cigi remains committed to program of research into international law cigionline org centre for international governance innovation retrieved may 29 2023 organization profile canada foundation for sustainable development technology government of canada november 30 2017 archived from the original on january 10 2018 balsillie jim october 22 2022 privacy is central to human well being democracy and a vibrant economy so why won t the trudeau government take it seriously the globe and mail retrieved may 29 2023 wells jon april 15 2016 philanthropist heidi balsillie s heart never left hamilton the hamilton spectator hamilton ontario retrieved may 29 2023 government of canada national defence april 19 2013 royal canadian navy honorary navy captains www navy marine forces gc ca cbc news canada may 12 2023 what the real jim balsillie thinks about the blackberry movie youtube cbc canada retrieved july 28 2023 external links edit media related to jim balsillie at wikimedia commons quotations related to jim balsillie at wikiquote jim balsillie at the canadian encyclopedia jim balsillie february 1 2019 canada s innovation challenge cambridge house international inc archived from the original on december 21 2021 jim balsille interviewed by malcolm gladwell for his revisionist history podcast may 2026 business positions preceded by company founded 1984 research in motion co ceo with mike lazaridis 1984 2012 succeeded by thorsten heins v t e blackberry limited devices android priv dtek50 dtek60 keyone aurora motion key2 evolve blackberry 10 z series z30 z10 z3 q series q10 q5 p 9982 p 9983 passport classic leap blackberry tablet os playbook blackberry os classic pagers 900 950 quark series charm electron series pearl series curve series 8520 bold series 9700 storm tour storm 2 torch series 9800 style p 9981 services blackberry messenger bbm bbm enterprise blackberry world blackberry unified endpoint manager blackberry enterprise server bes documents to go executive team douglas fregin co founder mike lazaridis co founder and co ceo 1984 2012 jim balsillie co ceo 1992 2012 thorsten heins ceo 2012 2013 john s chen ceo 2013 2023 telephones portal commons category authority control databases international viaf worldcat national united states other yale lux retrieved from https en wikipedia org w index php title jim_balsillie oldid 1376026890 categories 1961 births businesspeople from waterloo ontario 21st century canadian philanthropists harvard business school alumni rotman commerce alumni trinity college canada alumni living people people from huron county ontario directors of blackberry limited canadian billionaires canadian accountants canadian chief executives canadian expatriates in the united states expatriate businesspeople in the united states institute for new economic thinking hidden categories articles with short description short description is different from wikidata use canadian english from december 2025 all wikipedia articles written in canadian english use mdy dates from september 2019 articles with hcards pages with non numeric format...