Palm Infocenter is reporting that Donna Dubinsky, Palm's former CEO and one of the original founders, is planning to resign from her seat on Palm's board of directors.
When I think of Donna Dubinsky, I think of Jeff Hawkins and Ed Colligan since the trio were the founders of Handspring. Ms. Dubinksy is a shining star all by herself though of course. I've always looked up to this gadget girl since I first heard that she was a co-founder of Handspring. Fortune nominated Dubinsky, together with Hawkins, to the Innovators Hall of Fame.
Remember when Elevation Partners gave Palm the additional $100 million equity deal? Well, apparently Elevation got the right to appoint an additional director for election on Palm's Board.
PIC points to Palm's recent 8-K SEC filing, which states that Elevation's board decided to keep its current size. Donna Dubinsky offered to resign immediately in advance of the election. I'm glad to hear that Dubinsky's offer to resign was not over any type of disagreement.
Rajiv Dutta was nominated for election to the Board in Dubinsky's place. Mr. Dutta recently retired as the President of eBay Marketplaces and Executive Vice President of eBay Inc.
Donna Dubinsky of course was a co-founder of Handspring and the Chief Executive Officer and a director since the company's founding in July 1998. Before that, Dubinsky served as President and Chief Executive Officer of Palm Computing, Inc. Currently, Ms. Dubinsky serves as the CEO of Numenta, the company she co-founded with Jeff Hawkins in 2005. Hmmm, I didn't know this, but according to Wikipedia, after graduating from Harvard Business School, Ms. Dubinsky went to Apple Computer where she started work as a customer-support liaison. By 1985 she was running part of the company's distribution network. So there's another Apple/Palm link.