NEW YORK — Social finance community StockTwits, Inc. announced that it has named media and financial technology veteran Ian Rosen as Chief Executive Officer. Founder Howard Lindzon will assume the role of Executive Chairman, and will continue to serve as Chairman of StockTwits’ board.
Techcrunch reports that the company also raised $2 million from investor Social Leverage, a fund where Lindzon is also general partner.
“Ian’s strong experience and passion for the sector make him ideal to lead StockTwits,” said Lindzon, “His expertise in media and fintech will allow StockTwits to accelerate its already strong growth trend.”
Ian has deep experience in both media and financial technology, having led MarketWatch Inc, one of the largest financial media businesses globally, through a period of high growth and also co-founding and having served as CEO of Even Financial, a fast-growing alternative lending supply platform. Ian has served as an advisor to StockTwits since 2013.
“With its young, engaged audience and long-time leadership in social finance, I’ve long believed that StockTwits has an opportunity to scale to a dominant position in the financial media landscape,” said Rosen. “As the ability to distinguish signal from noise becomes increasingly difficult, the data supplied by people with ‘skin in the game’ become much more valuable.”
Working with Lindzon, Justin Paterno who will continue to provide his strategic and product expertise as Chief Operating Officer, and the rest of the StockTwits team, Ian will focus on growing StockTwits’ content, events, and data businesses, both deepening and widening its audience base.