Thorsten Heins is the 2012 Cantech Letter TSX Executive of the Year
Earlier last month we told you how Thorsten Heins, RIM CEO, had been nominated for the Cantech 2012 Executive of the year and asked you to vote, vote, vote.
We are absolutely delighted to tell you that he won the award – and deservedly so.
For the first ten months of his tenure, Heins endured more doubt and scrutiny and outright ridicule than any rookie CEO should have to suffer. Regardless, he plodded on as the delay of RIM’s new BlackBerry 10 platform seemed to stretch to an eternity. But now, with BlackBerry 10 just weeks away, critics seem to be understanding that Heins is no shrinking violet.
Many analysts have recently reconsidered RIM’s prospects, and decided that the worst case scenario and the most likely scenario are further apart than they first thought.
Cormark analyst Richard Tse says RIM’s platform transition remains an uphill battle, but RIM’s “surprising operational progress” has given it wiggle room between BlackBerry 7 and BlackBerry 10 that many critics didn’t think the company could spare.
Byron Capital’s Tom Astle had similar praise:
“He still has a massive job in front of him, but already the big ship is starting to right itself under his navigation.”
Congratulations to Thorsten on what is a thoroughly, well-deserved award.