Novatel CEO resigns

|About: Novatel Wireless Inc. (MIFI)|By:, SA News Editor

Peter Leparulo, Novatel's (NVTL) CEO since 2008, has resigned. Director/VC Alex Mashinsky will serve as interim CEO while the board searches for a successor.

Leparulo will remain on Novatel's board; he's been serving as one of the company's two chairmen, along with independent chairman Sue Swenson.

Novatel has also promoted CTO Slim Souissi to the newly-created role of COO.