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ALTEVA, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On March 31, 2014, Alteva, Inc. (the "Company") announced the termination, effective immediately, of the employment of David Cuthbert (its President, Chief Executive Officer, and Principal Executive Officer) and Jay Conn (its Chief Operating Officer). Mr. Cuthbert remains a member of the Board of Directors of the Company (the "Board"). The Board has instituted a continuity of leadership through the establishment of an Office of the CEO. The Office of the CEO will consist of Brian H. Callahan (the Company's current Principal Accounting Officer, Executive Vice President, Chief Financial Officer and Treasurer), William K. Birnie (the Company's Executive Vice President and Chief Marketing Officer) and Mark Marquez (the Company's Executive Vice President and Chief Technology Officer). The Office of the CEO will report directly to the Board of Directors as an interim measure. The Board has begun the search process to replace Messrs. Cuthbert and Conn and expects to have it completed in the second quarter of 2014. The Company has issued a press release regarding the organizational restructuring. A copy of the press release is attached hereto as an exhibit and is incorporated by reference into this item. Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press Release issued by Alteva, Inc. on March 31, 2014. 2 -------------------------------------------------------------------------------- |