Business Leader Larry Bossidy Joins Board of HamletHub

LARRY BOSSIDY JOINS BOARD OF HAMLETHUB:
Business Leader to Advise ‘Hyperlocal’ Website Network

RIDGEFIELD, CT, December 10, 2012 – Lawrence A. Bossidy, retired Chairman of AlliedSignal Corporation and Honeywell Corporation and a longtime senior executive at the General Electric Company, has joined the Advisory Board of HamletHub ( www.hamlethub.com ), a pioneering network of ‘hyperlocal’ websites providing locally originated news and information to communities.  The announcement was made today by Kerry Anne Ducey, President of HamletHub.

“We are delighted to welcome Mr. Bossidy to our Advisory Board,” Ms. Ducey said.  “The growth of HamletHub is astonishing, and we’re focused on the next steps in our development.  We are looking forward to Mr. Bossidy sharing his experience in successfully growing companies and applying his insights to HamletHub’s model of bringing the best local news to communities.”

Mr. Bossidy said, “The manner in which people are getting their news has changed dramatically.  I see great potential in providing an effective venue for local news, one which fosters commerce and community.”

Mr. Bossidy, co-author of the best-selling book “Execution: The Discipline of Getting Things Done” joins GE Capital Treasury Communications Leader William Adler, Emmy-award winning news correspondent Morton Dean and Stamford attorney Joseph Pastore on the HamletHub Advisory Board.

Ms. Ducey launched the first local news “Hub” in Ridgefield in 2009 and developed it into a model to be expanded into other communities.  Ms. Ducey, working with local editors, launched HamletHub sites in Connecticut towns Redding, Bethel, Danbury, Easton, Newtown, Wilton, Norwalk, Fairfield, Westport, Stamford, Darien, Greenwich, New Fairfield, and Milford. 

Earlier this year, HamletHub won a prestigious Connecticut Press Club Award for original journalism on the Web.

Mr. Bossidy is considered one of the most insightful and effective business leaders of his time.  In 34 years with GE, he was Chief Operating Officer of General Electric Credit Corporation, GE’s financial arm, which doubled in assets during his tenure.  He subsequently was President of GE’s Services and Materials Sector and Vice Chairman of the General Electric Company.  He later served as Chairman and CEO of AlliedSignal Corporation and Chairman of Honeywell Corporation.  Mr. Bossidy currently is a director of the pharmaceutical company Merck.  He and his wife Nancy live in Ridgefield. They have six daughters, three sons and 30 grandchildren.

For more information or to reach Ms. Ducey regarding HamletHub, call (203) 431-6400.