Allen Wastler Joins CNBC as Managing Editor of

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

Prior to joining, Wastler was Managing Editor of, 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, Wastler was the Managing Editor of 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,

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:
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