He graduated with a Bachelor of Science from University of California Davis and an Master of Business Administration from the Stanford Graduate School of Business. He graduated from Menlo-Atherton High School, University of California Davis, and the Stanford Graduate School of Business before working at McKinsey and Company in the Palo Alto office, where he rose to junior partner and head of the semiconductor practice.
He died in 2010 from complications of a staphylococcus infection. Palecek was born in Virginia and grew up in the wealthy suburb of Atherton, California. Palecek was described by colleagues as a likely candidate for eventual promotion to senior partner before passing away from a staphylococcus infection in 2010.
Trial testimony revealed Palecek telling Rengan that "my best ideas are inside information." Rengan Rajaratnam also described Palecek as "dirty" and tried to hire Palecek"s wife as a consultant to Galleon.
His family"s lawyer has denied all involvement. Raj Rajaratnam is currently serving a 14-year sentence for securities fraud.
Kumar pleaded guilty and was sentenced to probation. Rengan Rajaratnam was arrested by the Federal Bureau of Investigation in March 2013 and has pleaded not guilty pending trial.
