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.”
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