Pivotal Systems Corporation announced that Mr. John Hoffman, Chief Executive Officer (CEO) will step down from the CEO role effective 31 May 2022, and will continue with Executive Chairman responsibilities until his retirement from the Company on 31 December 2022. Mr. Kevin Hill, Pivotal's current Chief Operating Officer (COO) will be appointed as CEO of the Company, effective 1 June 2022. Kevin has held the COO role at Pivotal Systems since May 2020, where he has been instrumental in the delivery of Pivotal's revenue growth and material improvements in product gross margins through efficiency gains, lower manufacturing costs and improving and diversifying Pivotal's key suppliers, against a backdrop of global supply constraints as the semiconductor industry growth achieves record levels of revenue and growth.

This trajectory is expected to continue through 2022.