Megan Barnett, the managing editor of Fortune.com, sent out the following staff announcement on Friday afternoon:
I’m pleased to announce that Steve Gandel will join Fortune.com on Monday to cover Wall Street for the Term Sheet section of the site. Steve was most recently a senior business writer for Time, and before that was at Money Magazine and Crain’s New York Business. He got his start covering the stock-market boom of the late 1990s at Individual Investor Magazine.
Steve will add daily commentary and news analysis on everything from Wall Street bonuses to the MF Global meltdown to the impact of the Volcker Rule. Like Colin Barr before him, Steve will be headquartered in the CNN Money newsroom but we’ll still see him regularly here on the 18th floor. I’ll plan to introduce him at a morning meeting next week so you can join me in welcoming him.
At Time, Gandel covered real estate, economics and Wall Street. He the senior Wall Street reporter for Crain’s New York Business. He has held positions at the Riverfront Times in St. Louis.