CNBC executive producer John Melloy — a star who’s been at CNBC for more than 7 years — is leaving the financial network to be the CEO of Stocktwits, according a source familiar with the matter, reports Joe Weisenthal of Business Insider.
Weisenthal writes, “Melloy has been in charge of CNBC’s Halftime Report as well as the very successful show Fast Money.
“Stocktwits — which was founded by Howard Lindzon — was an early player in social finance. It consists of an avid community of traders constantly tweeting ideas and news, as well as a network of highly respected finance blogs. Lindzon, we’re told, will be moving from the CEO role to Chairman.
“When reached for comment, Melloy told BI: ‘I look forward to the opportunity at Stocktwits. It’s already an incredible company. I’m joining it at a great time.'”