Sharon Haugh, CEO of Pequot Capital Management, left by "mutual agreement," said Jonathan Gasthalter, Pequot spokesman. Ms. Haugh did not return calls by press time seeking comment on her departure and plans. Art Samburg, Pequot's chairman and founder, assumed Ms. Haugh's responsibilities; she will not be replaced.
Ms. Haugh had been at the hedge fund firm for about a year; prior to that, she was chairman of Schroder Investment Management North America.