TheStreet Taps Industry Veteran Thomas Etergino as Chief Financial Officer
04 Agosto 2010 - 8:00AM
Business Wire
TheStreet.com, Inc. (Nasdaq: TSCM) (www.TheStreet.com), a
leading digital financial media company, announced today the
appointment of Thomas J. Etergino as Chief Financial Officer, who
will join the Company on September 7. In his new role, Etergino
will oversee all financial operations and investor relations
activities for the Company. Etergino will report directly to Daryl
Otte, TheStreet’s Chief Executive Officer.
Etergino has an extensive, proven track record of enhancing
enterprise value through key financial and operational roles at a
number of well-known and successful digital media, paid digital
subscription and technology businesses, each with the common
hallmark of entrepreneurism and innovation.
Etergino joins the company from eMusic.com, a private equity
backed paid digital subscription business, where he served as Chief
Financial Officer since 2006 and as Chief Operating Officer since
2008. Between 1998 and 2003, Etergino was a senior financial
officer at DoubleClick Inc., a trailblazing digital advertising
technology services company, during its years of rapid growth and
into its maturation, serving as Vice President, Chief Accounting
Officer and Treasurer for three years and as Vice President of
Finance of the company’s TechSolutions division for two years.
Following his roles at DoubleClick, Etergino served as Senior Vice
President and Chief Financial of LSSi Corp., a private equity
backed data services provider, and then as Chief Financial Officer
and Vice President of Administration of AtriCure, Inc., a medical
devices company which Etergino successfully guided through its
IPO.
Otte commented, "Having served in numerous finance, operations
and strategy roles over the years, in both public and private
organizations, Tom’s capabilities include and go beyond that of the
traditional CFO. His track record for helping companies succeed at
building revenue-growth businesses, while increasing profitability,
and pursuing smart acquisitions is an excellent match for TheStreet
as we pursue our own growth strategy. We are thrilled to have him
join and look forward to his contributions as we continue to drive
awareness of TheStreet’s leading position as the premier
digital-only media business in the finance vertical.”
“I am eager to join TheStreet at this time in which the media
world is focusing on paid digital subscription business models – a
model in which TheStreet is widely recognized as an industry
pioneer and leader today,” said Etergino. “I am excited to work
with the new management team to enhance the efficiency of the
company’s businesses, to invest wisely to take advantage of the
significant growth opportunities ahead and to create value for the
company’s stockholders. I look forward to both sharing and helping
shape TheStreet’s success story with the investor community.”
Etergino began his career at Coopers & Lybrand, where during
his eight year tenure he was responsible for budgeting, planning
and managing audit functions for a number of Fortune 500 clients,
and following which he served as Corporate Finance Manager at Time
Warner Inc. He received his B.S. from Washington & Lee
University and is a certified public accountant.
Michele James of James & Co. assisted the company with its
recruiting process.
About TheStreet
TheStreet is a leading digital financial media company. The
Company’s network includes the following properties: TheStreet,
RealMoney, Stockpickr, BankingMyWay, MainStreet and Rate-Watch. For
more information on the company and our services, or for the latest
markets news, trading ideas and stock research, visit
TheStreet.com.
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