Chief Accounting Officer

On May 18, 2017, the Board of Directors appointed Peter Kaouris,
age 50, as Chief Accounting Officer of the Company, beginning on
or around May 22, 2017.

Mr. Kaouris has been a consultant since March 2016 providing
strategic investment planning for family trusts, including
preparing and implementing real estate investment strategies and
conducting market analysis and real estate property due
diligence. Previously, Mr. Kaouris was a consultant for AXA Real
Estate Investment Managers, from February 2017 to April 2017,
where he assisted in streamlining accounting financial reporting
deliverables from various third party companies. Previously, Mr.
Kaouris served as the Vice President and Controller of OConnor
Capital Partners, from March 1999 to June 2015, where Mr. Kaouris
was responsible for leading the accounting and financial
management departments, which included reviewing loan draws for
real estate projects and assisting in audit and tax preparation
for real estate properties, holding companies and fund level
entities. From December 1996 to March 1999, Mr. Kaouris was a
Senior Auditor at Ernst Young LLPs Financial Markets-Real Estate
Group for Assurance and Business Advisory Practice, where his
responsibilities included performing audits and strategic
consulting for real estate clients and ensuring clients complied
with financial regulatory controls and satisfied applicable
accounting standards. From August 1994 to December 1996, Mr.
Kaouris was an Assistant Controller for Related Companies, LP,
where he assisted in the fund management for six real estate
portfolios. Mr. Kaouris has served on the board of Bayside Gables
Civic Association, Inc. since January 2017. Mr. Kaouris has a
Bachelor of Business Administration, Accounting Finance, from The
Bernard M. Baruch College of the City University of New York and
he received his New York Real Estate License in March 2017.

In connection with his appointment, Mr. Kaouris and the Company
entered into an employment offer letter (the Offer Letter). Under
the terms of the Offer Letter, Mr. Kaouris is entitled to an
annual base salary of $162,500. Additionally, Mr. Kaouris is
subject to non-disclosure, confidentiality and non-disparagement
covenants to the Offer Letter.

The foregoing description of the Offer Letter does not purport to
be complete and is qualified in its entirety by reference to the
text of the Offer Letter, a copy of which is attached to this
report as Exhibit 10.1, and is incorporated herein in its
entirety by reference.

There are no arrangements or understandings between Mr. Kaouris
and any other persons to which he was selected as an officer and
he has no direct or indirect material interest in any transaction
required to be disclosed to Item 404(a) of Regulation S-K.

Chief Financial Officer

On May 18, 2017, the Board of Directors of the Company appointed
Mr. Kenneth Goldmann as Chief Financial Officer of the Company.
Mr. Goldman has served the Company as Chief Administrative and
Accounting Officer since October 5, 2015.

Item9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
10.1		Offer Letter by and between Voltari Corporation and Peter Kaouris, dated May 12, 2017.