BluMont Capital Inc.’s former chief executive officer, Toreigh Stuart, has resigned from the corporation’s board of directors, effective immediately, the company has announced.
Stuart, the firm’s CEO since 2000, was let go in early January by BluMont’s board, led by chairman Thomas Simpson, who has been on BluMont’s board since last spring.
BluMont Capital is a hedge fund provider that employs approximately 40 people nationwide and has $760 million in assets under management.