Palm, Inc. Appoints Robert C. Hagerty to Its Board of Directors
Palm - About Palm, Inc. - Investor Relations - Press Release
SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 10, 2005--Palm, Inc. (Nasdaq:PALM) today announced the appointment of Robert C. Hagerty to its board of directors. Hagerty is chairman of the board, president and chief executive officer of Polycom, a worldwide leader in collaborative voice, video, data and web applications and also conference phones.
Hagerty joined Polycom in 1997 to build on the vision of delivering a total conferencing and collaboration solution for customers. Prior to Polycom, Hagerty served as president of Stylus Assets, Ltd., and held senior-management positions with Logitech, Inc.; Connor Peripherals, Inc.; Signal Corp.; and Digital Equipment Corp. He also is a member of the board of directors of Modulus Video, Inc.
Palm board members who completed their terms and did not stand for re-election at the company's recent annual shareholders' meeting are John Doerr, general partner of Kleiner Perkins Caufield & Byers, and Jean-Jacques Damlamian, special advisor to the chief executive officer of France Telecom.
"Bob Hagerty has distinguished himself as the successful CEO of a high-growth communications-equipment company, serving demanding carriers and enterprise customers. His experience and perspective will strengthen Palm's board as our business continues to shift more toward smartphones and our channels toward global carriers," said Eric Benhamou, chairman of the board of Palm. "We thank John Doerr and Jean-Jeaques Damlamian for their valuable contributions while serving on our board."
Hagerty's appointment reflects a net decrease in the number of board members at Palm to nine, eight of whom are outside directors.
