NEW YORK, Oct. 1, 2015 /PRNewswire/ -- TheStreet, Inc. (NASDAQ: TST), a leading digital financial media company, announced today that John C. Ferrara, its Chief Financial Officer, has announced his resignation in order to pursue another career opportunity.
The Company also announced that Richard Broitman, the Company's Chief Accounting Officer, has been appointed as Interim Chief Financial Officer. Mr. Broitman, who is 62, has served as the Company's Chief Accounting Officer since June 2009. Mr. 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, Mr. 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 Corporation.
"On behalf of the entire Company and our Board of Directors, we thank John for his valuable contributions over the past two years. 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," said Elisabeth DeMarse, Chairman and CEO.
"The decision to leave TheStreet, Inc. was a difficult one for me," said Mr. Ferrara. "I am proud of the progress our team has made since I joined the Company and I look forward to making similar contributions to another company where I will have a similar role in growing the business."
About TheStreet
TheStreet, Inc. (www.t.st) is a leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide. The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet, and Rate-Watch. To learn more, visit www.thestreet.com. The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control and through its BoardEx product, director and officer profiles. To learn more, visit www.thedeal.com and www.boardex.com. RateWatch, the Company's business unit that provides rate and fee data from banks and credit unions across the U.S. for a wide variety of banking products. To learn more, visit www.rate-watch.com.
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SOURCE TheStreet, Inc.
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