Palm Names Rubinstein as CEO

Recently, there has been a change in the management structure of Palm and this involves the appointment of former Apple executive responsible for Apple’s iPod division, Jon Rubinstein, as the company’s new CEO.
Colligan, a 16-year Palm veteran, helped steer the company through a wide range of challenges, and oversaw the development of the Pre and its accompanying operating system, webOS. Palm is hoping that the Pre and webOS will help it return to smartphone prominence in a market that is significantly more crowded than when the company introduced the Palm Pilot and Palm OS in the 1990s.
Palm said Colligan will take some time off and then join Elevation Partners, which took a 25 percent stake in Palm in 2007. News of Rubinstein’s appointment came on the heels of Palm’s launch on Saturday of its Pre, considered the company’s best chance to compete against Apple and its popular iPhone.