Palm Names AT&T; Exec to Run New Subsidiary
- Share via
Palm Inc. said it named David Nagel, chief technology officer of AT&T; Corp. and president of AT&T; Labs, as chief executive of its new Palm operating system subsidiary.
Nagel, already a board member of Palm, heads a company committee formed to oversee the establishment of the software unit as a separate, wholly owned unit.
Alan Kessler, the former head of Palm’s software group, resigned in mid-August.
Nagel, 56, will start in his new post Sept. 17.
AT&T;, meanwhile, named Hossein Eslambolchi, its senior vice president of packet and optical networks, to succeed Nagel.
Shares of Santa Clara, Calif.-based Palm fell 15 cents to $3.79 on Nasdaq, and AT&T; fell 45 cents to $19.06 on the New York Stock Exchange.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
