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Colligan Out as Palm CEO

Just days after launching the Palm Pre on Saturday, Palm has named Jon Rubinstein as its new chairman and CEO, replacing Ed Colligan in a move that continues efforts by the handset maker to try to capitalize on what it sees as a new era in its history.

The news isn't too surprising. While Colligan appeared to be well respected in the industry, he's still charged with being at the helm during Palm's downward spiral during his 16 years of leadership.

Get the full story here at InternetNews.com.

Colligan Out as Palm CEO