23 August 2018, Sydney ‐ Pivotal Systems Corporation (‘Pivotal’ or the ‘Company’) (ASX: PVS), a leading Silicon Valley based, international technology company, is pleased to announce the appointment of Peter McGregor, as an Independent Non‐Executive Director and Chair of the Company’s Remuneration Committee, with such appointments effective 23 August 2018.
Mr. McGregor has extensive corporate governance experience, having served as a Chairman and/or Director (and also as Chairman or member of the Finance/Audit & Risk and Remuneration committees) of a range of ASX‐listed, unlisted and not‐for‐profit companies.
He has deep industry expertise and insights into the Infrastructure, Technology and Financial Services industries as well as a unique portfolio of executive experience gained as a Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Divisional Managing Director, Fund Manager, Investment Banker and Commercial Banker. Further details of Mr. McGregor’s background and expertise can be found in his bio on the Company’s website at https://www.pivotalsys.com/#team.
John Hoffman, Chairman and CEO, Pivotal Systems Corporation said, “We are extremely fortunate to have Peter McGregor join our Board of Directors. Peter has a long history of providing oversight and strong governance to ASX listed companies. His prior experience as both a Chief Operating Officer and Chief Financial Officer for ASX publicly listed companies will be very valuable to our team. We are also pleased that Peter will be located in Melbourne/Australia which will further enhance shareholders’ access to the Company’s Board.”
Peter McGregor said, “I am delighted to have the opportunity to work with John, his fellow Directors and the management team at Pivotal Systems. Pivotal has built an enviable reputation over many years as world‐class provider of hardware and software solutions to the global semiconductor industry. The company’s successful recent IPO is a testament to the quality of the Pivotal team and its pipeline of long‐term growth opportunities. I look forward to being part of Pivotal’s journey.”