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Star CNBC Producer John Melloy Leaving To Become CEO Of Social Finance Service Stocktwits

Joe WeisenthalOct 7, 2013, 23:17 IST

via CNBC

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."