Former RIM CEO to lead Canadian agency on green tech

After wiping his hands clean of Research In Motion, former co-CEO Jim Balsillie will now lead Sustainable Development Technology Canada, a federal agency that promotes green tech, The Canadian Press reported Tuesday.

Balsillie left Canadian-based RIM, the maker of BlackBerry, in March 2012 amid shareholder criticism over the company’s poor performance in recent years. Co-CEO Mike Lazaridis also stepped down, but remained on the board until his retirement in May. Since leaving the company, Balsillie has dropped all of his RIM stock.

He is contracted to stay in his new position, chair of Sustainable Development Technology Canada, for five years. The agency, established in 2001, received $235 million in funding from the Canadian government this year to focus on projects that address climate change and environmental issues.

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