Michael Scarchilli has been named Editor in Chief of The Bond Buyer, SourceMedia’s flagship brand providing news, data and analysis of the $3.7 trillion United States municipal finance market.
Scarchilli, an eight-year veteran of The Bond Buyer, takes the top editorial role effective immediately. He will lead a 25-member staff distributed across the nation, overseeing content development and creation for the brand’s online service and its daily digital and print editions. Scarchilli is charged with serving and expanding The Bond Buyer’s diverse readership base, which extends from public-sector finance officers to investment bankers and bond lawyers with online enhancements and deep coverage of the crucial issues facing the market.
“Adding my name to the long list of leaders of this 122-year-old institution is an absolute honor and privilege,” said Scarchilli. “I look forward to spearheading The Bond Buyer’s continued development as a real-time online news service, and maintaining its long-standing reputation as required reading for participants in the municipal bond market.”
Scarchilli was previously Managing Editor, responsible for the day-to-day operations of the brand’s web site and newspaper. In that role, he was a key contributor to the development of The Bond Buyer’s redesigned web site, which was introduced in June 2012. Among other things, he led the introduction of video content and redesigned the Daily Briefing e-newsletter to give subscribers easier access to exclusive content about bond sales, and national policy debates impacting the market. Before becoming an editor, Scarchilli was The Bond Buyer’s senior market correspondent, covering the cross-market fallout from the subprime debt crisis, and earlier was a regional reporter covering issuers in the Northeast.
“The municipal bond market is going to face significant changes and challenges in the next few years – from a new wave of Federal tax-reform efforts to tough fiscal decisions at the local-government level,” said Michael Stanton, senior vice president for capital markets at SourceMedia. “Mike’s intellectual, personal and editorial capabilities uniquely qualify him to understand those issues, and put them in the proper context for our industry subscribers and a broader audience of investors and policymakers.”