Palm (PALM) Names Rubinstein as New Chairman, CEO

June 10, 2009 5:05 PM EDT

Palm, Inc. (Nasdaq: PALM) today announced that its board of directors has appointed Jon Rubinstein to lead the company as Chairman and CEO upon the departure of Ed Colligan, who is stepping down after sixteen years of leadership at the company.

Colligan plans to take some time off, then join Elevation Partners.

Rubinstein joined Palm as Executive Chairman in October 2007 to help bring innovation back to the company.


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