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Jim Balsillie  (Source: n4bb.com)
As of December 31, 2011, he had a 5 percent stake in the company at about 26.8 million shares

One of BlackBerry's (TSE:BB; TSE:RIM) former co-chief executive officers has sold his entire stake in the company.

BlackBerry's ex-CEO Jim Balsillie revealed in Thursday's regulatory filing that he had sold his entire stake in the company before the end of 2012. As of December 31, 2011, he had a 5 percent stake in the company at about 26.8 million shares.

BlackBerry, which recently changed its name from Research in Motion (RIM), released its BlackBerry 10 (BB10) software and devices late last month in hopes of digging itself out of the hole it's in.

Earlier this week, the company's new BB10 Creative Director Alicia Keys was caught using an iPhone to post on Twitter after vowing to only use BB10 devices.

Source: Reuters





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