Andrew Delaney is stepping aside as head of market data content delivery firm Investhink to make way for Reuters' old-hand Mike McSweeney.
Delaney, a one-time financial technology journalist turned new media mogul, is taking on a new board-level role as 'director of business development'. Delaney has spent the past year guiding the strategic direction of the start-up and pulling together a sales and management team to drive the business forward.
McSweeney, who has a seventeen-year track record at Reuters, has been charged with growing Investhink's business and revenues in key European and North American markets. In his new position he teams up with another member of Reuters' old guard, Investhink chairman, John Parcell.
Parcell comments: "Andrew has done a great job of positioning the company for growth and bringing in a solid management team. I believe Mike is well poised to create a sales-led environment through which to exploit the potential of the Investhink technology and business model.”