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Pandesic Names Pete Wolcott President

Pandesic LLC, an Internet company from Intel and SAP, recently named Pete Wolcott its new president.

He will focus on day-to-day operations, the company said. Wolcott, who joined the company in 1997, most recently served as Pandesic's vice president of sales and marketing. Harold Hughes will remain CEO and chairman of the board.

"Pete has proven to be a tremendous asset for Pandesic sine he joined the company last year," Hughes said. "...With the expansion of our customer base and company, we needed to expand the senior management of the company. Having helped chart the success of the company, Pete was the perfect candidate."

Before joining Pandesic, Wolcott spent 18 years at Intel.