P&I People

Malcolm Pirnie joined GlobalVest Management Co., St. Thomas, Virgin Islands, as chief executive officer. He replaces Peter Gruber, who remains chairman and chief investment officer. Mr. Pirnie, who co-founded Harbor Capital Management, Boston, in 1979, resigned as president last month in search for a more "entrepreneurial environment," he said. An article in the Feb. 14 edition of P&I People incorrectly said that Mr. Pirnie retired.