TheStreet Names Former Time Exec Vivek Shah to Board

NEW YORK (TheStreet) -- TheStreet(TSCM) named Vivek Shah, a longtime Time Warner(TWX) executive, to its board, increasing the number of directors to eight.

The financial media group, which publishes this Web site, announced the appointment on Monday. The posting is effective May 6.

Shah, who spent 15 years, nearly his entire career, at Time Warner's Time Inc., served most recently as group president in charge of digital media, where he oversaw a range of sites, including Time.com, CNNMoney.com and SI.com.

He was also president of Fortune and Money magazines.

"He is an accomplished operator of large scale media businesses and has deep connections throughout the media and financial industries," said Daryl Otte, CEO of TheStreet, in a written statement.

Shah resigned from Time at the end of last year. He now advises several private equity firms on media-business investments.

The appointment of Shah follows board changes made in August, when TheStreet named two new directors: Ronni Ballowe, a media-industry consultant and former Ziff-Davis executive, and Christopher "Woody" Marshall, a partner at Technology Crossover Ventures, a venture capital firm.

-- Written by Scott Eden in New York

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