John C. Ferrara, its chief financial officer, resigned in order to pursue another career opportunity.
“On behalf of the entire company and our board of directors, we thank John for his valuable contributions over the past two years,” said CEO Elisabeth DeMarse in a statement. “He managed a strong finance team and played an important role in implementing our strategic initiatives, including two major acquisitions that have expanded TheStreet’s subscription business’s products and revenue. We wish him well in his new venture.”
Richard Broitman, the company’s chief accounting officer, has been appointed as interim chief financial officer. Broitman, who is 62, has served as the chief accounting officer since June 2009. Broitman joined the company as its controller in July 2000, was appointed vice president of finance in October 2007 and was named acting chief accounting officer in May 2009.
Before joining the company, Broitman was controller of Individual Investor Group, an online and print media company, was director of international royalties for Bertelsmann Music Group and worked in an audit capacity for both Deloitte Touche Tohmatsu (formerly Touche Ross & Co.) and CBS Corp.
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