Pivot3 Names New CEO

Austin-based Pivot3, the developer of virtual storage and computing hardware, said today that it has named Rich Bravman as its new CEO. Bravman was most recently vice president of corporate development and chief marketing officer at NCR Corp, and also has served at Intelleflex and Symbol Technologies. Bravman replaces Robert Fernander, who the company says will continue in a "key role" spearheading business development and major account penetration.