Categories: OLD Media Moves

Seeking Alpha promotes Hoffmann to CEO

Eli Hoffmann, who has been senior vice president of content for investment news site Seeking Alpha, has been promoted to chief executive officer.

Outgoing CEO David Jackson writes, “We’ve also needed to get things right as a company. We have an outstanding team – the best we’ve ever had. We’ve established a strong management framework which empowers talented people, based on clear goals, metrics, ‘ownership’ and monthly reports. We created a culture which values honesty, transparency, rationality and respect for every person. And we’ve consistently applied best practices from the most successful companies to Seeking Alpha.

“But past achievements don’t mean I’m the best candidate to lead the company from here. Creating and building a startup is all-consuming, and I’ve been ‘all in’ with Seeking Alpha for almost ten years. I also dealt with serious family health issues during the last two years (which thankfully are better now). To be honest, I’m feeling burned out.

“Jason Lemkin says that many successful companies are sold because their founders get tired. I’m tired, but I don’t want to sell. I want to bet on Seeking Alpha’s future with a new CEO. I haven’t sold a single share. I’m planning to provide help and support where requested, attend every board meeting including those in New York, and be an ambassador. I’m heavily invested in the future of Seeking Alpha.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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