On May 18, 2017, the Board of Directors of Voltari Corporation appointed Peter Kaouris as Chief Accounting Officer of the company, beginning on or around May 22, 2017. 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, 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.

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