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Allen Wastler Joins CNBC as Managing Editor of CNBC.com

ENGLEWOOD CLIFFS, N.J., July 20, 2007 --- CNBC.com today announced that Allen Wastler is joining the network as Managing Editor of CNBC.com. In this new role, Wastler will guide and oversee all editorial content for CNBC.com.

Prior to joining CNBC.com, Wastler was Managing Editor of CNNMoney.com, a joint venture between CNN and Time Inc, where he was responsible for all editorial and content production. Before his tenure as Managing Editor at CNNMoney.com, Wastler was the Managing Editor of CNNfn.com where he headed all editorial operations for the site. Wastler was also a regular commentator on CNN's weekend business shows and appeared frequently on various CNN networks to comment on breaking business news events.

"Allen's whole professional life has been about business news or, more specifically, timely and investor-oriented business news. With that background, Allen will make a significant contribution to our Web site," said Meredith Stark, Vice President, CNBC.com.

From 1989-1997, Wastler held various positions at The Journal of Commerce, a Knight-Ridder newspaper that was sold to the Economist Group during his tenure there. His positions included News Editor for Trade and Transportation as well as West Coast Bureau Chief where he oversaw coverage of West Coast trade and transportation developments.

Wastler has a Master's degree in Business Administration from the University of San Francisco and a Bachelor's degree in journalism writing from The Johns Hopkins University in Baltimore, Maryland.


About CNBC:
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/.