Three former senior executives of the Salomon Bros. financial firm, William J. Voute, E. Craig Coats Jr. and Ronald M. Stuart, announced the formation of a new investment firm, Voute Coats Stuart & O’Grady L.P.
Voute, 50, will be chairman and chief executive. Coats and Stuart, both 41, will be vice chairmen. The firm is headquartered in Greenwich, Conn.
Voute, a former vice chairman of Salomon Bros., as well as a director of its parent company, Salomon Inc., is a 30-year veteran of the securities industry.