Novatel Names Alex Mashinsky Interim CEO - Quick Facts

(RTTNews) - Novatel Wireless Inc (NVTL), a provider of intelligent wireless solutions, Friday named Alex Mashinsky as interim chief executive officer, replacing Peter Leparulo who will continue to serve on the board. Mashinsky was appointed to the company's board in April 2014.

The board is engaging an executive search firm to evaluate candidates for a permanent CEO. The Board also promoted Slim Souissi, CTO of Novatel Wireless, to president and chief operating officer.

Alex Mashinsky has served since 2004 as managing partner of Governing Dynamics, an early stage investment and development company. Prior to that, Mashinsky was founder and CEO of GroundLink and has also founded and operated a number of companies in the information technology sector.