Pivot3 Appoints Rich Bravman New Chief Executive Officer

Veteran technology leader of both start-ups and global S&P 500 companies joins Pivot3 executive team

AUSTIN, Texas--()--Pivot3®, Inc, a leading provider of unified storage and compute appliances, today announced that Rich Bravman has been named the company’s new chief executive officer, effective immediately. Bravman is responsible for leading and driving the company’s next phase of expansion and growth in both new and existing markets. He assumes the role from Robert Fernander, who has served as the company's president and CEO since 2007 and will continue in a key role spearheading business development and major account penetration for Pivot3.

“Rich is a proven leader with an impressive track record in taking start-ups to global publicly-traded technology leaders. Having grown through the ranks from software engineer to CEO, and having been associated with technologies that are a mix of both hardware and software makes Rich a perfect fit for Pivot3,” said Ron Nash, Chairman of the Board of Pivot3. “His extensive experience leading teams as a chief executive across several enterprise-focused private and public organizations will be essential to our growth plans. Rich's expertise in driving and creating market leadership for technology products will also be invaluable to our existing surveillance business as well as our new desktop virtualization products.”

Bravman brings with him more than 30 years of executive management and board level experience at technology companies ranging from start-ups to global S&P 500 companies. Most recently, Bravman served as vice president of corporate development and chief marketing officer at NCR Corp, a Fortune 500 technology leader in self-service solutions for ATM machines, retail and airline check-in systems. At NCR, Bravman was responsible for all corporate marketing, business development activities, and forged several strategic partnerships for the company. Previously, Bravman was chairman and chief executive officer at Intelleflex, Inc., where his leadership helped the RFID technology start-up raise $51M in venture funding and develop key partnerships with Lockheed Martin, Mitsubishi and Motorola. Bravman started his career at Symbol Technologies where, during his 26-year tenure at the company, he held several positions with increasing responsibility and eventually assumed the role of chief executive officer and vice chairman. As CEO, Bravman led a major turnaround effort at Symbol, which paved the way for the company’s acquisition by Motorola in 2007.

“The timing of the opportunity to join a world-class leadership team with industry-changing technology in a white-hot market was one that I couldn't refuse,” Bravman said. “Pivot3’s unique approach of delivering affordable, purpose-built appliances that unify storage and compute for targeted markets makes their offerings accessible to a broad range of businesses, creating incredible potential for expansion. I see Pivot3 as a real game-changer, poised for breakout leadership in the next wave of computing. The timing and attractiveness of this opportunity couldn’t be better.”

Bravman joins a seasoned executive management team that is dedicated to building on success to date and to expanding Pivot3 products into new markets with the goal of continuing to double sales year after year. Over the past year, the company added several world-class industry veterans including: Deb MacCallum as vice president of engineering, Curt Wittich as vice president of sales, and most recently, Olivier Thierry as chief marketing officer.

About Pivot3

Pivot3 was founded in 2003 on the idea that today's stack of virtual servers, shared storage and networks could be radically simplified and unified through software innovation in order to drive down complexity and cost while dramatically increasing scale-out performance. Today, Pivot3 has over 500 customers across the globe deploying Pivot3 vSTAC™ unified storage and compute appliances. Pivot3 products are deployed in the data protection, virtual desktop infrastructure, digital video surveillance and rich media markets and have seen particular success in the public sector, transportation, education and retail vertical segments. The company has won numerous awards and was most recently selected by the Wall Street Journal for the prestigious "2011 Next Big Thing" category. To learn more about Pivot3, visit www.pivot3.com.

Contacts

Mindshare PR
Heather Fitzsimmons, +1-650-947-7400
heather@mindsharepr.com

Release Summary

Pivot3 Appoints Rich Bravman New Chief Executive Officer

Contacts

Mindshare PR
Heather Fitzsimmons, +1-650-947-7400
heather@mindsharepr.com