Thebeast Hires New CEO, Engages Tower Group for Study

ORGANIZATION AND MANAGEMENT

NEW YORK--Thebeast has just appointed Geoff de Lesseps to the position of chief executive officer. Cofounder and former CEO Tim Boyle has voluntarily resigned. Additionally, Thebeast has commissioned the Tower Group to complete a research study on market data issues and has joined the Tibco Alliance Program.

Boyle says it is the right time to leave. "We built this business, [and building a company] is a skill I have," he says. "The framework for the company is here, along with the technology.

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