Shortly before the holidays, Palm filled a 8-K regulatory form with the SEC that announced that Rajiv Dutta has resigned from Palm’s board of directors. Mr. Dutta recently joined Elevation Partners as a Managing Director and will step down effective Feb 25, 2010.
Mr. Dutta was nominated for the Palm board post by Elevation Partners. He had a brief tenure joining only last February taking over Donna Dubinsky’s seat. In his new role, Mr. Dutta will work with Elevation’s five co-founders and the rest of the Elevation team to evaluate investment opportunities, advise the senior management of Elevation’s portfolio companies, and drive the overall strategy of the firm.
