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PalmSource CEO David Nagel abdicates throne

David Nagel

No details on why he left or what this might mean for PalmSource (besides scrambling to find a successor), but David Nagel has just stepped down as CEO of the company. The Senior vice president of worldwide licensing, Patrick McVeigh, will get the benefit of a much shorter job title as he steps in as interim chief exec. Word came just a day before the PalmSource Developer Conference, which doesn't seem like the best timing for an amicable split, although he apparently gave no reason why he's jumping ship. He'll stay on in an advisory role until mid-July as the board looks for a permanent replacement.