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Novatel Wireless initiates search for new CEO

Novatel Wireless, Inc. (NASDAQ: NVTL) said it has appointed Alex Mashinsky interim chief executive officer, replacing Peter Leparulo who will continue to serve on the board of directors.

Mashinsky was appointed to the company´s board of directors in April 2014. The board is engaging an executive search firm to evaluate candidates for a permanent chief executive officer. The board also promoted Slim Souissi, CTO of Novatel Wireless, to president and chief operating officer.

Novatel Wireless, Inc. is a leader in the design and development of intelligent wireless solutions based on 2G, 3G and 4G technologies. For more information visit (NVTLF)


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