Honeywell Chairman and Ceo Dave Cote selected “Ceo Of The Year” by Chief Executive Magazine
Honeywell (NYSE:HON) today announced Chief Executive Magazine named Chairman and CEO Dave Cote “2013 CEO of the Year,” an honor that recognizes an outstanding corporate leader nominated and selected by peers. The award will be featured on the cover of Chief Executive Magazine’s July issue and can also be found at ChiefExecutive.net.
The award recognizes the transformation of Honeywell under Cote’s leadership over the past decade. During that time, Honeywell has increased sales by 71 percent to $37.7 billion, pro forma EPS1 by 197 percent to $4.48, and delivered a total shareowner return of 240 percent, consistently outperforming the S&P 500 during that timeframe.
Today, Honeywell is a global company, with 54 percent of sales coming from outside the U.S. versus 41 percent ten years ago. Since 2003, Honeywell has made more than 75 acquisitions and 50 divestitures, building great positions in good industries around the world.