Regular readers will know that I am a huge fan of Waterloo, Ontario-based Research in Motion (have been for years) and its co-CEO management team. Together, founder Mike Lazaridis and frontman Jim Balsillie continually prove that Canadian entrepreneurs can come up with world-class innovation (the Blackberry), brand it properly, roll it out globally, and beat the big boys at their own game. Today the FP reports that Balsillie and Lazaridis have been named to Barron's fourth annual list of the world's 30 best chief executives.
That puts them in the company of Apple's Steven Jobs (now RiM’s arch-rival, due to the iPhone), as well as Warren Buffett, Cisco's John Chambers, Hewlett-Packard's Mark Hurd and IBM's Samuel Palmisano.
Barron’s, a weekly Wall Street newspaper, credits RIM’s co-CEOs for successfully guiding the company through encounters with "patent trolls, bearish investors and pesky regulators." At the same time, its shares have gained more than 120% in each of the past five years. (Full disclosure: I own a few RiM shares myself. And thank goodness for that.)
You can read the Post story here.
The Barron’s article, “World’s Best CEOs” is here, but the full text is available only to paying subscribers.
Click here for a free “slideshow” of the new CEOs on Barron’s list.