Handheld maker Palm is expected next week to name Todd Bradley chief executive of the company's hardware unit.
Bradley, a former Gateway executive and president of the hardware group, has emerged as the top candidate in the six-month search, according to sources close to the situation.
The company plans to announce its choice for chief executive June 25, the same day it is scheduled to report earnings, interim CEO Eric Benhamou told Palm employees at a companywide meeting last month.
A Palm representative declined to comment.
The change comes at a critical time for Palm. The company is looking to avoid a repeat of last year's woes, when slowing sales and a botched product transition led to a glut of inventory, sparking a price war. Palm is again faced with slowing sales, although company executives and board members say Palm is far better equipped--with Bradley and his recent recruits at the helm--to weather the storm.
"He's done a great job improving the operations of the company," said Kontiki CEO Mike Homer, a member of Palm's board.
News source: CNet News - Palm expected to name new CEO
