Palm Infocenter reported earler this week that Donna Dubinsky, former CEO and cofounder of Palm, is resigning from Palm's board of directors. No disagreements were reported as cause for the split; apparently Dubinsky resigned in connection with the company's sale to Elevation Partners, as reported by TreoCentral, and her resignation was made formal February 2, 2009. This is coming at a crucial time for Palm, who are gearing up for the release of the Pre.
Dubinsky was president and CEO of Palm Computing until June 1998, eventually leaving the company to become CEO of Handspring. She was instrumental in the development of the PDA, and had been presented with the Alumni Achievement Award from the Harvard Business School in September, 2007.
In her place Rajiv Dutta has been appointed to the board, former Executive Vice President of eBay. Palm Infocenter reports as a result of his appointment, Dutta will receive options for 28,000 common stocks and 8,000 performance shares for Palm, subject to vesting over a three year period.
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