Three senior execs depart Third Point

Fri May 15, 2009




Third Point told investors this week that three senior executives are leaving the firm: Bruce Wilson, chief operating officer; Devin Dallaire, chief risk officer, and Tom Kratky, head of investor relations and marketing. The trio is being replaced internally.

In a May 12 letter, Third Point founder Dan Loeb wrote that "over the recent months, it became clear to me that we have grown the right leaders to assume greater responsibilities at this time." As a result, and in consultation with Wilson, Dallaire and Kratky, "we came to a mutual understanding that the firm...

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