TheStreet Inc. said Thursday it has named David Callaway, editor-in-chief of USA Today, as its chief executive, replacing Larry Kramer, who will resume the position of non-executive chairman. Callaway is a former editor-in-chief of MarketWatch, the publisher of this report. He was most recently head of USA Today, where he helped grow the digital news group to fifth-largest in the U.S., according to a press statement. At TheStreet, he will be tasked with growing the consumer and business-to-business divisions. TheStreet shares were not yet active in premarket trade, but are down 19% in the year so far, while the S&P 500 has gained 3.7%.
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