Categories: OLD Media Moves

TheStreet.com hires chief market strategist as it prepares new products

Financial news site TheStreet.com announced Monday that it had hired Robert Walberg as the chief market strategist for its premium products and that Walberg will oversee the launch of some new products later this year.

The first new service to be rolled out will be called “Options Profits,” to launch later this spring. Walberg will also be a key external face of the company’s premium services division, presenting TheStreet.com’s views on the markets and highlighting the company’s best market calls throughout the media.

Subscription-based Premium Services represent approximately two-thirds of the company’s annual revenues.

Walberg was the founder and president of Chartwell Investment Group, a financial advisory company where he managed money and provided financial advice to a broad range of clients. Before founding Chartwell, he worked as a financial analyst and columnist for leading web destination, MSN Money. During this time, Walberg made regular appearances on CNBC’s Power Lunch segment and the Daily Show with Jon Stewart.

“TheStreet’s mix of insightful editorial and analytical tools position the Company as a unique resource to the investment community,” commented Walberg in a statement. “From the outside looking in, I have been impressed with the continued evolution of TheStreet into a premium destination site.”