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Pareteum reshuffles top management

Pareteum Corp. changed the titles of some of its executive officers to better reflect their roles and responsibilities with the company.

As part of the changes, Robert Turner will replace Vic Bozzo as CEO of the company. Turner will remain the company's executive chairman, while Bozzo will now become chief commercial officer, Pareteum disclosed in a May 24 SEC filing.

Meanwhile, Denis McCarthy, who was appointed the company's president on Oct. 1, 2018, resigned from that role and was named COO. All changes are effective May 24.

New employment agreements or arrangements were not entered into between Pareteum and any of the executive officers in connection with these changes, the company said.