USA Today's editor in chief, David Callaway, is leaving the newspaper to take the role of chief executive at TheStreet Inc., ending a nearly four-year tenure leading one of the nation's most prominent news organizations.

Mr. Callaway will also take a board seat at TheStreet, a financial news site, co-founded by CNBC host Jim Cramer. Larry Kramer, TheStreet's interim CEO, will step down and resume his position as nonexecutive chairman. The moves are effective in early July.

The timing of Mr. Callaway's departure is especially notable given USA Today is the flagship news outlet of Gannett Co.

Gannett has aggressively pursued a takeover of Tribune Publishing Co., which has rejected two buyout offers from Gannett.

It wasn't clear who would lead USA Today after Mr. Callaway's departure, and a representative from Gannett wasn't immediately reachable for comment.

Mr. Callaway joined USA Today as the paper's top editor in 2012. He was formerly editor in chief at MarketWatch, a property owned by Dow Jones, the publisher of The Wall Street Journal.

Write to Joshua Jamerson at joshua.jamerson@wsj.com

 

(END) Dow Jones Newswires

June 09, 2016 08:35 ET (12:35 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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