
Patrick Trousdale, the founder of The Daily Upside, a growing portfolio of financial newsletter products, is stepping back from its day-to-day operations, reports Mark Stenberg of Adweek.
Stenberg reports, “As part of the evolution, Trousdale, who founded the newsletter in 2019, is stepping back from day-to-day operations, a shift that began last summer. He plans to stay involved as an advisor and is starting a new, adjacent project in the advisor-media space, though he declined to offer further details.
“‘I am leaving on great terms,’ said Trousdale. ‘The business has never been stronger and it is in great hands.’
“Last year, after a series of personal circumstances sidelined Trousdale over the summer, chief operating officer McKay Murphy steered the company through the best fourth quarter in its history.
“Following the strong performance, Trousdale named Murphy as CEO earlier this spring, facilitating his transition away from the operation. Before joining The Daily Upside three years ago, Murphy had worked at a variety of media companies, including most recently Morning Brew and Stitcher.”
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