Ex-Alts. Exec., Republican Comptroller Candidate Gets Trucking

Mar 10 2011 | 11:35am ET

Harry Wilson, the former hedge fund manager defeated last year in his bid to become New York State comptroller, has reemerged as a player in the restructuring of trucking company YRC Worldwide.

Wilson, a Republican, was brought on at the insistence of the International Brotherhood of Teamsters union. The Teamsters have asked Wilson to help "break through the logjam between the company and the lending group" as it struggles to stay out of bankruptcy.

In a letter to his members, Teamsters President James Hoffa said that Wilson has made "a great deal of progress in the last several weeks."

Wilson is no stranger to troubled industries: He was the only Republican named to President Barack Obama's auto-industry task force.

The former Silver Point Partners executive, who has also worked at the Blackstone Group and Clayton Dubilier & Rice, was narrowly defeated in November's election. The winner was incumbent Comptroller Thomas DiNapoli.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR