TheStreet Names David Callaway CEO - Quick Facts

(RTTNews) - TheStreet Inc.(TST) announced the appointment of USA Today Editor-in-Chief David Callaway as Chief Executive Officer. He will also join the Company's Board of Directors. Larry S. Kramer, interim CEO, will step down and resume his position as non-executive Chairman of the Board of Directors. All changes will be effective early July 2016.

Most recently, Callaway served as Editor-in-Chief of USA Today, where he is credited with growing the digital news group to the fifth-largest in the U.S. by expanding video, audio, social and mobile workflow to the entire newsroom. Prior, Mr. Callaway served as editor-in-chief of MarketWatch, where he grew the newsroom from 20 journalists to 120 across bureaus in U.S., Europe, Asia and the Middle East. He also served as a securities industry reporter at Bloomberg, leading a team of financial reporters throughout Europe covering banking, investment banking and asset management, and spent time as a reporter with the Boston Herald.