Palm has changed its leadership in a surprise move just days after the all-important launch of its Palm Pre smartphone.
Executive chairman Jon Rubinstein, a former Apple executive who worked on the iPod and iMac, will take over the top spot from Ed Colligan, who has been president and chief executive at Palm for 16 years.
"I am very excited about taking on this expanded role at Palm. Ed and I have worked very hard together the past two years, and I am grateful to him for everything he has done to help set the company up for success," said Rubinstein.
"With the new webOS we have 10-plus years of innovation ahead of us, and the Palm Pre is already one of the year's hottest new products. Due in no small part to Ed's courageous leadership, we are in great shape to get Palm back to continuous growth, and we plan to keep the trajectory going upward."
The move came as a surprise to the markets, considering Palm's aggressive move into opposition against the iPhone. However, Colligan has long been rumoured to be looking for an opportunity to step down.
"I am very proud of what Palm has accomplished so far. We pioneered two major product categories, and I believe we are on our way to defining the standard for the mobile web," he said.
"I am grateful to have played a role in turning Palm around. I know that Jon, the board and the Palm executive team will do an incredible job driving Palm to new heights."
Kicking Palantir off of AWS is among their demands, too
Rafaela Vasquez was watching The Voice at the time of the crash, new evidence shows
PUBG price slashed on Steam after selling more than 50 million copies - as daily player numbers plunge
Use the same password for every website? It might be time to change them all