March 22, 2005
 



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PalmOne CEO Todd Bradley Resigns; Ed Colligan Named Interim CEO

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A D V E R T I S E M E N T
PalmOne Latest News about palmOne chief executive officer Todd Bradley has resigned, effective at the end of the quarter. Ed Colligan, the company's president, will assume the role of interim CEO, the company said.

Bradley will remain with the company in an advisory role through May, the end of the fiscal year.

"I've accomplished what I set out to do," Bradley says in a statement. "The company is on a growth path, our product portfolio is exciting and competitive, and I have great confidence in the company's current and future prospects.

"palmOne has an excellent management team and talented employees to carry the business forward," he said. "I feel the time is right for me to move on to another challenge."

Oversaw Growth

Eric Benhamou, chairman of palmOne's board of directors, credited Bradley for restoring the company to a sound financial foundation, overseeing the return to revenue growth and profitability, introducing new handheld-computing products, and driving the acquisition andintegration Latest News about integration of Handspring.

Bradley joined Palm Latest News about Palm in June 2001 as chief operating officer of Palm Solutions Group and was promoted to president of that group in May 2002. He became president and chief executive officer of palmOne in October 2003 when Palm spun off PalmSource, the operating-system business, and acquired Handspring.

Full Circle

Colligan has a long history with Palm. He was vice president of marketing for Palm, and worked with founders Jeff Hawkins and Donna Dubinsky to lead the product marketing and marketing communications efforts for the original Palm handhelds.

He later left the company with Hawkins and Dubinsky to form Handspring, which sold a Palm OS-based handheld and later developed Palm OSsmartphones Latest News about smartphone. He became president and chief operating officer of Handspring, then joined palmOne as senior vice president and general manager of thewireless Latest News about wireless business unit when palmOne acquired Handspring. He was named president in June 2004.

Colligan is a candidate for the permanent CEO position, the company said.






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