Jeffrey Trongone was named COO at alternative investment firm Third Point Management. Mr. Trongone was chairman of a private arbitration panel working with attorneys, bankers and consultants in the hedge fund industry, according to a news release from Third Point. Before that, he was CFO and managing director at J.P. Morgan Fleming Asset Management and CFO/COO and managing director of Chancellor Capital Management. Further information was not available at deadline. Officials at Third Point did not return calls by press time seeking details.