TechCrunch-"Well now, this call turned out to be much more interesting than I expected. First, RIM co-CEO Jim Balsillie has just announced that he and partner Mike Lazaridis will be cutting their annual salaries down to $1.
According to Forbes, both men currently receive $1,175,664 per year. While they don’t appear to receive annual bonuses, they both receive restricted stock awards, although the terms under which those stocks can vest are unknown. The news will likely be welcomed by distraught stockholders, but don’t expect Mike and Jim to suffer too much."