<div id="subtitle">Financial Web site TheStreet.com elects 2 new board members while another resigns</div><div><p>Financial media company TheStreet.com said Friday it has elected two new board members — while another has resigned — to comply with a Nasdaq requirement that most of its board must consist of independent directors.</p><p>Ronni Ballowe, a former Ziff-Davis executive for 19 years, and Christopher "Woody" Marshall, a venture capitalist at Technology Crossover Ventures, joined the board Tuesday.</p><p>Marshall was elected by owners of TheStreet's preferred shares who are allowed to appoint one director.</p><p>TheStreet also said that Jeffrey Sonnenfeld, associate dean of the Yale School of Management, resigned from the board as of Monday. He had been on the board for six years.</p><p>Shares fell 2 cents to $2.50 in late morning trading.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=57640572&bid=informcom" /></div><div id="copyright"><div>

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