StockTwits Appoints New Chief Operating Officer
Digital Media and Technology Veteran Francis Costello Joins StockTwits as COO
San Diego, CA (PRWEB) April 27, 2011
StockTwits®, the only social media platform for the investor community to share real-time information and ideas, discover relevant content, and connect with a global network of financial influencers, today announced that Francis Costello has been named chief operating officer. With more than 15 years experience managing and scaling emerging businesses, Costello brings a unique mix of digital media and technology expertise that span various stages of company development and functional areas.
Most recently, Costello served as chief operating officer at Veoh Networks, joining the company just after its launch. During Costello’s tenure, Veoh went from launch to a top 200 global Web property with more than 100 employees, 28 million global monthly users and over three billion minutes of video viewed each month. Costello was a key member of the team that managed the initial product launch, marketing strategy, and day-to-day finance and operations functions as Veoh Networks quickly established itself as a leading online video company. Costello previously held the position of chief marketing officer at Akonix Systems, providing security and compliance systems for instant messaging to enterprises, with a focus on the financial services market.
“Francis’s financial leadership and broad management experience with fast-evolving, innovative companies makes him an ideal addition to StockTwits,” said Howard Lindzon, co-founder and chief executive officer at StockTwits. “His contributions will be invaluable as the company goes through its most exciting growth phase to date by continuing to expand its real-time idea network for the investment community.”
Costello also served as chief executive officer at Entrypoint, an idealab! Company, that delivered real-time news and market data directly to consumer desktops via an innovative toolbar and screensaver technology. He began his career at McKinsey & Company as a consultant in their New York office serving financial, technology and media clients. Costello holds a Bachelor of Arts Degree in Mathematics and Economics from the University of Pennsylvania and a Masters of Business Administration from Harvard Business School.
With offices in San Diego and New York, StockTwits is the only social media platform for the investor community to share real-time information and ideas, discover relevant content, and connect with a global network of financial influencers. It provides a specialized environment created specifically for investors where users can customize information and network based on interests and investments, and tap into instant financial news and reactions to market trends. StockTwits was named “One of the Best Websites, 2010″ by Time Magazine, and was listed as one of the “10 Most Innovative Companies on the Web” by Fast Company.
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