Software VP At Palm Walks Away, Others Kept On With Bonuses - HotHardware
Software VP At Palm Walks Away, Others Kept On With Bonuses

Software VP At Palm Walks Away, Others Kept On With Bonuses

Something is up at Palm. There's no more debate about that. Earlier in the week, there were all sorts of relatively believable reports that Palm was up for sale, with Lenovo and others being named as potential buyers. Of course, Palm has been struggling for years now in an attempt to reinvent itself, so hearing that the company may be purchased wasn't all that shocking. But this adds quite a bit of legitimacy to all of those beliefs, and moreover, it could indicate that something major is about to happen really soon.

According to paperwork filed with the Securities and Exchange Commission here in the U.S., one of Palm's most notable and important senior vice presidents has announced that he will be stepping down on April 23rd. That would be Michael Abbott, SVP of software and services, who will be looking elsewhere for employment starting in the new week. Mr. Abbott was hugely instrumental in the development of WebOS, which is the operating system that currently runs on the Pixi, Pixi Plus, Pre and Pre Plus. It was one of the first mobile operating systems to fully support multi-tasking, and many say that it beats Apple's iPhone OS in many ways. But obviously, he knows something that we the people do not.



No Senior VP leaves his or her comfortable corner office without a really good reason. It's hard to find upper-level jobs such as that, and there has to be something going on within for him to just up and leave. Of course, maybe the timing is just coincidental and he's in need of more time to spend with his family, but given all the other rumors surrounding Palm, we're beginning to feel like the fire can't be far from the smoke. Another interesting point is that Palm has had to dole out packages worth around $250000 to other high-ranking officials in the company in order to keep them onboard, signaling that more individuals than just Abbott may have wanted out. Palm may be close to a deal, thus trying to keep those individuals on so that the purchasing company has a firm foundation from which to build on.

There's really no accurate way to tell what the state of Palm is right now. We're guessing the company is in flux, and we're guessing that someone may be just about to buy them. We suspect the answers to the nagging questions will be coming sooner rather than later, but Palm as we know it may not exist by the end of the month. That's a weird concept to wrap your head around.
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>> Software VP At Palm Walks Away

In other words: Palm to release Android powered phones in 3... 2... 1...

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Exactly :( Which stinks, as Webos was actually one of the few enjoyable mobile OSes I've used. It was basically flawless.

I hope he gets a good job with Windows mobile 7 or at google. That OS was definitely innovative and I hope he gets a chance to innovate at a successful company.

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It's strange, Palm's stocks have been going up since three months ago based on what the NYSE said. A year ago they were doing terrible.

Maybe this whole thing reflects back to the name brand theory. You know, how people won't buy a product unless it's from a certain brand.

Perhaps Michael Abbott came to terms with this reality, and who knows, maybe he is leaving to go to another major mobile phone company and works with the Windows 7 OS.

I hope he does at least, because I agree with sp12's statement. When you create something as innovative as his OS was, I can see where it's depressing when you aren't noticed as much for your efforts.

We'll see what happens I suppose.

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Bailouts,...Buyouts....Bonuses....

I guess this is all in attempt to try and avoid the major B-Word!

It really sounds like they are trying to take their money while they have it and Run! It is kinda sad that this is the current state of business today. Usually these CEO's are happy for a sale, because then they get more in return. I guess they are more concerned about the Taxes that they will have to pay if they receive sale money compared to bonus salaries.

Of course he knows everything that the people don't. Because after it all goes down and people start losing their jobs and all the people on the top come out with the big bucks. It will be leaving everyone to shout, HEY...ABBBOOOTT! :P

Then they can all turn around and blame whoever they like, just to save face. It is a shame that they now have the capital to increase productivity. Yet when they turn around and sell it, they can still come out smelling like roses.

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Who knows what the situation was. He may have been the squeaky wheel at Palm and been asked to go. When they were passing out bonuses to keep their talent in place during the probable transition to another company, he may not have been offered enough to stay.

Having never used Palm products, I'll have to take everyone's word about their OS being so good. If he's so talented, he'll find a job real soon.

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News:
...It was one of the first mobile operating systems to fullysupport multi-tasking, and many say that it beats Apple's iPhone OS inmany ways.

Ok this is a silly question, but what would you call Windows Mobile 5 or 6 in terms of multitasking? I know I can run more than one program on my Touch Pro and switch between programs.  Can someone explain this?

I guess only time will tell with what happens to Palm.  Maybe the Senior VP got tired of his Pre not syncing with Microsoft Exchange :P (it sucks, been there done that)

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You can run way more than 2 programs simultaneously with webOS, and switching is instantaneous - they really keep running, at least most of them do. I sync my Pre with Exchange, and Yahoo mail, and Hotmail, with no problems. It also syncs with linkedin, facebook, and I think other sites, depending on the carrier.

I hope Palm finds a nurturing home. They make great stuff, but just can't seem to get it into enough hands to achieve critical marketing mass.

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