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BankBoston Continues to Strengthen Media and Communications Platform.


BOSTON--(BUSINESS WIRE)--Nov. 3, 1998--

-- Appoints Morneault To Lead Group --

BankBoston Tuesday announced that Henry Morneault has been appointed division executive, Media and Communications.

In this capacity, he is responsible for business development, management and general oversight of BankBoston's media and communications business, one of its largest and most prominent industry specializations.

Morneault will work in Special Industries, which is led by Mary-Etta Schneider, group executive within Wholesale Banking. He will oversee all aspects of media and communications which includes: broadcasting; publishing and cable TV; telecommunications (land-based, wireless, paging); entertainment; theater exhibition; outdoor advertising; and gaming.

"We are delighted to fill this important position," said Schneider. "Henry is a perfect fit. His vast knowledge of the media and communications market, coupled with his buy-side perspective, will greatly enhance the strong team we have in place. I am pleased he has decided to join our team and know he is well-qualified to lead one of BankBoston's top industry franchises."

Most recently, Morneault was chief financial officer for Allbritton Communications Company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D.  in Washington, D.C., where he also served as vice president of finance from 1992 to 1994. From 1979 to 1992, he worked for Chemical Bank, in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, where he managed a variety of positions in the media and broadcast and cable groups.

Prior to that, he worked for BankBoston as a loan officer for two years. He began his career in 1973, as a senior credit analyst with Shawmut Bank, after earning his MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Babson College Babson College, located in Wellesley, Massachusetts (zoned as "Babson Park," ZIP code 02457),[1] is a private business school that grants all undergraduates a Bachelor of Science in Business Administration. The F. W. . He also holds a bachelor's degree from Boston College Boston College, main campus at Chestnut Hill, Mass.; coeducational; Jesuit; est. and opened 1863. Actually a university, the school's Chestnut Hill campus comprises colleges of arts and sciences and business administration, the graduate school, and schools of nursing .

BankBoston's wholesale bank delivers full-service financial solutions for its customers, including, lending and leasing, investment banking and research.

In addition to media and communications, other specialized industries at BankBoston include: energy & utilities; restaurants; transportation; environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, ; information technology; automotive and heavy machinery; retail and apparel; real estate; and healthcare.

BankBoston (NYSE NYSE

See: New York Stock Exchange
: BKB BKB Basler Kantonalbank (Switzerland)
BKB Black King Bar (gaming weapon)
BKB BV Kwaliteitsverklaringen Bouw (Dutch)
BKB BankBoston Corporation
), with assets of $73.8 billion and some 25,000 employees, is the nation's oldest commercial bank.

BankBoston is engaged in consumer, small business, and corporate banking in New England; delivering sophisticated financial solutions to corporations and governments nationally and internationally; and full-service banking in leading Latin American markets. The Corporation's common stock is listed on the New York and Boston stock exchanges.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 3, 1998
Words:373
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