NEW YORK, March 14, 2012 (GLOBE NEWSWIRE) -- TheStreet (Nasdaq:TST), a leading digital financial media company, today announced the appointment of William H. Inman as Editor-in-Chief of the Company. An award-winning editor, Inman has spent more than twenty years in financial media, most recently serving as Editor-in-Chief of Institutional Investor.
"I am delighted to welcome Bill as our new Editor-in-Chief," said Elisabeth DeMarse, the Company's Chief Executive Officer. "Bill brings decades of experience covering financial markets and business news at leading media companies. Bill has managed and grown world class news operations. He also has played a prominent role in creating products that take advantage of new distribution technologies in the rapidly evolving media landscape. TheStreet's market moving news is perfect for social and mobile, which have our fastest rates of traffic growth and are a key focus for us going forward. Bill is the perfect combination of being a meticulous reporter and fantastic editor, who is well suited to build a newsroom that takes full advantage of these new distribution formats."
Inman worked at Bloomberg for more than fifteen years, where he spearheaded the company's award-winning electronic publishing. He also led the relaunch of bloomberg.com as a prime source of market intelligence for sophisticated investors, making it powerfully interactive and global. After Bloomberg, Inman joined Institutional Investor magazine as editor-in-chief, where he introduced an array of new media products in the U.S. and Asia.
"I am very excited to be joining this great organization at this moment in its storied history," said Inman. "TheStreet has a long record as a trusted, leading voice in financial journalism. This hard-earned reputation is the bedrock on which we will build new products that take advantage of the sea changes in the media industry, such as the rise of social media, online video and tablet devices, to reinvent the way investors view and interact with the markets."
"I'd also like to express my personal appreciation to my predecessor, Glenn Hall. Glenn came into this organization at the depths of the financial crisis and with smarts and skill kept TheStreet focused on its core mission – delivering clear-headed market intelligence to the individual investor. Now he moves on to new challenges and we wish him the very best."
About TheStreet
TheStreet, Inc. is a leading digital financial media company that distributes its content through online, social media, tablet and mobile channels. The Company's network of brands include: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, ETF Profits, Chat on TheStreet, MainStreet and Rate-Watch. For more information on TheStreet's business, visit www.t.st. For financial and business news, actionable trading ideas, stock quotes and more, visit TheStreet.com via your web browser, follow TheStreet on Facebook and Twitter, visit TheStreet.mobi from your mobile device and access TheStreet through all major tablet platforms.
The TheStreet, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11420
All statements contained in this press release other than statements of historical facts are deemed forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, including those described in the Company's filings with the Securities and Exchange Commission that could cause actual results to differ materially from those reflected in the forward-looking statements. All forward-looking statements contained herein are made as of the date of this press release. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results or occurrences. The Company disclaims any obligation to update these forward-looking statements, whether as a result of new information, future developments or otherwise.