Hemenway Trust Company Announces New Leadership for Investment Committee

February 11, 2015

Hemenway Trust Company LLC (HTC), a New Hampshire-based private trust and wealth advisory firm affiliated with Hemenway and Barnes LLP, announced today that Michael Puzo will assume the role of Chairman of the Investment Committee.

Mr. Puzo takes over for Michael Elefante, who will retire with more than 40 years of service. Mr. Elefante will continue to serve as Managing Director at HTC.

“All of us at Hemenway Trust Company feel honored to have worked with Mike Elefante, whose diligent leadership placed us in a very strong investment position,” said Stephen W. Kidder, President and Managing Director of HTC. "We also have the utmost confidence in Michael Puzo as our new Investment Committee Chair. We know his dedication to the firm and understanding of our clients’ goals will contribute significantly to our ongoing growth.”

In addition to the change in Chairmanship, HTC appointed Michael O’Leary as Chief Investment Officer, Christopher White as Senior Portfolio Manager, and Christian Russo as Investment Analyst.