NU’s Boston HQ takes power from Hartford
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Tom May is bringing a Fortune 500 company to Boston. Unless Connecticut regulators say otherwise, the executive-suite power behind a merged Northeast Utilities will shift from Hartford to Boston. In NU’s proposed $4.7 billion merger with Boston-based NStar — which May runs as chairman, president and CEO — the company intends to be a utility holding company with dual headquarters, including its top executives having offices and staging meetings in the Connecticut and Massachusetts capitals. “It is important to have a presence in both Hartford and Boston,” said NStar spokeswoman Caroline Continue reading >>>