OLD Media Moves

TheStreet.com names CEO

May 19, 2009

TheStreet.com announced Tuesday that Darryl Otte, who has served as its interim CEO for the past three months, will become its permanent top executive.

A story on its site stated, “Otte, 47, has served as a director of the New York-based company since 2001, and he previously served as the chairman of TheStreet.com’s audit committee. He is a founding partner of Montefiore Partners, a venture capital investment fund management firm.

“‘The Board has great confidence in Daryl, based on his prior experience as well as his recent performance in the role of Interim CEO. I am delighted that he has agreed to lead the team,’ said James J. Cramer, TheStreet.com’s chairman, in a prepared statement.

“Prior to founding Montefiore Partners in 2000, Otte was senior vice president and a member of the executive committee of media company Ziff-Davis. While there, from 1995 through 2000, he initiated and managed acquisition and development projects and venture investments.”

Read more here.

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