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Bossidy Becomes RTI's Chairman

Former CEO of Honeywell International Inc. selected to lead RTI board after the acquisition.

Larry Bossidy is the new chairman of the board for Restaurant Technologies Inc., a Minnesota-based provider of automated oil storage, handling and disposal management systems. Bossidy's appointment comes on the heels of EQT Infrastructure Limited's selling RTI to a group of investors led by Aurora Capital Group, a Los Angeles-based private investment firm.

Bossidy's background includes working in leadership positions with such companies as General Electric, Allied Signal and Honeywell. Additionally, Bossidy is co-author of the best-selling book "Execution: The Discipline of Getting Things Done" and its sequel, "Confronting Reality: Master the New Model for Success."