Palm CEO ResignsPalm CEO Resigns

Carl Yankowski resigned as Palm Inc. CEO, the handheld computer maker announced late Thursday. In a written statement released by the company, Yankowski said his departure was in reaction to the company's move to split its Platform Solutions Group--the division that oversees the lucrative Palm operating system--from its hardware business.

"With Palm's transition into two individual businesses almost complete, my role has changed, and it no longer matches my aspirations," Yankowski's statement read.

Chairman Eric Benhamou will act as interim CEO until a permanent successor is found. Perhaps to ward off any rumors about Yankowski's abrupt departure, the company also reasserted that it would meet earnings expectations for its fiscal second quarter.