SALEM, N.H.--(BUSINESS WIRE)--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.”
The news follows on Hemenway Trust Company’s recent announcement that it moved its Salem, NH headquarters to accommodate growth. For more information, please visit www.hemtrust.com.
About Hemenway Trust Company
Based in New Hampshire, Hemenway Trust Company (HTC) is a private trust company offering a full range of wealth advisory and management services. HTC was founded by Boston law firm Hemenway & Barnes LLP, which has served for 150 years as trusted counsel to the region’s high net worth families, businesses, and nonprofit organizations. The firm is uniquely designed as a home for legal and financial expertise, with a focus on providing each client with services that are specifically tailored and results-oriented.