USA Today editor in chief David Callaway will be heading to TheStreet next month to serve as CEO of the financial news organization. He’ll be taking over for Larry Kramer, who has been serving in that position in an interim capacity since Feb. 2016. Kramer will stay on as the non-executive chairman of the board of directors.
Incidentally, it was Larry Kramer who hired Callaway for the EIC role at USA Today back in July 2012, when Kramer was president and CEO of the publication. And in 1999, Kramer had hired Callaway at MarketWatch, the site Kramer founded; Callaway would eventually rise to EIC. In a post today announcing the hire, Kramer calls Callaway “a rare combination of a brilliant editor and sensational manager.”
Meanwhile, back at USA Today, Joanne Lipman, the chief content officer of USA Today parent company Gannett, writes in a memo to staff that she “will miss Dave’s friendship and his calm, steadfast manner that has made him beloved by those in the newsroom and throughout Gannett,” while also noting that, “Over the past four years, Dave Callaway has led a remarkable resurgence at USA TODAY.”
Callaway is credited with expanding USA Today’s digital presence and shifting the newsroom toward a digital-first philosophy. He was also responsible for a portion of the groundwork that led to the USA Today Network.
Patty Michalski, the managing editor for digital who has been with USA Today since 2000, will take over for Callaway as interim editor in chief of the publication as it looks for a new permanent EIC.