Here’s an interesting move in the world of financial media…
CNBC Executive Producer John Melloy — a star who’s been at CNBC for over 7 years — is leaving the financial network to be the CEO of Stocktwits, according a source familiar with the matter.
Melloy has been in charge of CNBC’s Halftime Report as well as the very successful show Fast Money.
Stocktwits — which was founded by Howard Lindzon — was an early player in social finance. It consists of an avid community of traders constantly tweeting ideas and news, as well as a network of highly respected finance blogs. Lindzon, we’re told, will be moving from the CEO role to Chairman.
When reached for comment, Melloy told BI: “I look forward to the opportunity at Stocktwits. It’s already an incredible company. I’m joining it at a great time.”
As for his time at CNBC, he says: “CNBC was an amazing experience. This was my decision.”