Novatel Wireless Announces Departure of Chief Financial Officer
May 20 2014 - 4:15PM
Business Wire
Novatel Wireless, Inc. (NASDAQ: NVTL), a leading provider of
intelligent wireless solutions, announced that chief financial
officer, Kenneth Leddon, has decided to leave the company effective
May 31, 2014. Mr. Leddon has accepted a chief financial officer
position with another company.
“Ken has made important contributions to the company over the
last six years and we wish him every success in his new position,”
said Peter Leparulo, chief executive officer of Novatel Wireless.
“Ken will remain a valued friend of the company.”
Commenting on his time with the company, Mr. Leddon noted, “I
value my experience at Novatel Wireless and appreciate having the
opportunity to work with so many talented people in this exciting
industry. I wish the company and my colleagues here all the best as
the company moves forward on its business transition plan.”
The Company is engaging an executive search firm to evaluate
candidates for a new chief financial officer, including interim
candidates.
ABOUT NOVATEL WIRELESS
Novatel Wireless, Inc. is a leader in the design and development
of intelligent wireless solutions based on 2G, 3G and 4G
technologies. The Company delivers specialized wireless solutions
to carriers, distributors, retailers, OEMs and vertical markets
worldwide. Product lines include MiFi® Intelligent Mobile Hotspots,
Ovation™ USB modems, Expedite® embedded modules, Mobile Tracking
Solutions, Asset Tracking Solutions, and Enabler smart M2M modules.
These innovative products provide anywhere, anytime communications
solutions for consumers and enterprises. Headquartered in San
Diego, California, Novatel Wireless is listed on NASDAQ: NVTL. For
more information please visit www.nvtl.com. (NVTLF)
(C) 2014 Novatel Wireless, Inc. All rights reserved. The Novatel
Wireless name and logo are trademarks of Novatel Wireless, Inc.
Investor contact:The Blueshirt Group for Novatel WirelessChris
Danne, 415-217-5865chris@blueshirtgroup.comorMatthew
Hunt, 415-489-2194matt@blueshirtgroup.com
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