The news keeps getting worse for Palm. Days after a report surfaced that the company has put itself up for sale, Palm revealed in government filings that its head of software and services, Michael Abbott, will leave the company after April 23rd. Abbott previously worked at Microsoft as general manager of .NET online services. Palm also revealed in that filing that its CFO and senior VP of global operations have both received quarter-million dollar cash bonuses and stock grants to stay on for another two years.

Palm’s software chief quits [Network World]