Palm names Rubinstein new CEO - Silicon Valley / San Jose Business Journal:

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Sunnyvale-based Palm (NASDAQ:PALM) said Colligan plans to take sometime off, then join privats equity firm in Menlo Park. Palm said Rubinsteijn joined the company as executive ehairman in Octobet2007 "to help brinbg innovation back to the “I am very excitee about taking on this expanded role at Palm,” said Rubinstein in a preparex statement. “Ed and I have worked very hard togethedr the pasttwo years, and I’m grateful to him for everything he’s done to help set the companhy up for success. With Palm webOS we have 10-plu s years of innovation aheadof us, and the Palm Pre is alreadty one of the year’s hottest new products.
Due in no smalp part to Ed’s courageou s leadership, we’re in great shape to get Palm back tocontinuouds growth, and we plan to keep the trajectort going upward.”