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ATLANTA - KORE Group Holdings, Inc. (NYSE:KORE), a player in the communication services sector, announced a significant change in its executive lineup as part of an organizational redesign. The company disclosed the departure of Jason Dietrich from his role as Executive Vice President and Chief Revenue Officer, effective January 31, 2025. Dietrich's exit is aligned with the company's strategic realignment, and he is expected to receive benefits consistent with his employment agreement dated June 12, 2023.
Simultaneously, KORE Group has appointed Jared Deith as the new Executive Vice President and Chief Revenue Officer, also effective January 31, 2025. Deith, 34, previously served as the Executive Vice President of Connected Health since August 2024 and has been associated with the company in various capacities since February 2022. His promotion follows a tenure that includes overseeing indirect channels and e-commerce, as well as integration leadership roles.
Before joining KORE Group, Deith was a key figure in the acquisition of Business Mobility Partners, Inc. and Simon IoT LLC, where he served as President and Founder, and CEO and Co-Founder, respectively. The company stated that there are no familial ties or material transactions involving Deith that would require disclosure under SEC regulations.
This executive transition comes as KORE Group continues to navigate the competitive landscape of communication services. The information regarding these changes was based on a press release statement filed with the SEC. The company's stock is listed on the New York Stock Exchange under the ticker symbol KORE.
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