Honeywell’s law department was named as one of the 2013 Most Innovative U.S. Law Firms in the In-house Legal Teams category by the Financial Times (FT). It was listed as “highly commended” for being a multi-faceted legal function that has controlled litigation through analyzing underlying causal behaviors and played a fundamental role in the company's growth.
The 2013 FT ranking is more competitive than ever before. FT received numerous nominations from companies across the U.S. this year. Its research partner, RSG Consulting, conducted interviews with in-house team members and commercial referees to validate nominations and submissions. This year, the seniority of the commercial interviewees was testament to the work that the in-house teams are recognized for, with many CEOs taking the time to talk about their lawyers.
To view the rankings, click here.
Posted on Thursday, December 5, 2013
Institutional Investor released its annual ranking of U.S. corporate leaders and Honeywell is ranked the #2 Most Honored Company, with recognitions including Best CEO (Dave Cote), Best CFO (Dave Anderson) and Best IR Professional (Elena Doom). These recognitions make up Institutional Investor’s 2014 All-America Executive Team, which cites the top-ranked experts in each sector.
Cote is quoted in a recent Institutional Investor article titled Cummins, Honeywell Top 2014 All-America Executive Team, which is focused on this year's awards. Cote explains Honeywell’s plan to expand its presence in emerging markets, where he believes the most growth will occur over the next two decades. The article also details Honeywell’s year-over-year profit increase, rise of earnings-per-share, and impressive stock price increase of 46.1 percent in the past 12 months, to $88.51.
Institutional Investor’s annual ranking of U.S. corporate leaders as seen through the eyes of investment professionals reflects the opinion of more than 1,400 buy-side analysts and money managers at 625 firms that collectively manage an estimated $7.2 trillion in U.S. equities and roughly 1,200 analysts at brokerages and independent investment firms.
Tags:awards, dave anderson, Dave Cote, financial
Posted on Tuesday, December 3, 2013
Honeywell has been selected by Kuwait National Petroleum Company (KNPC) to provide the Integrated Control and Safety System (ICSS) for its new 615,000 barrel-a-day Al Zour refinery complex to be built in southern Kuwait. Honeywell will also provide the front-end engineering design (FEED) for the system. Signing the agreement in the image above is Mr. Khaled Al-Awadhi, New Refinery Project manager (left), and James King, Honeywell General Manager, Kuwait (right).
This will be Kuwait’s fourth refinery and the largest refinery in the entire Middle East. The total capacity of Kuwait’s three current refineries is 930,000 barrels a day. The new refinery is targeted for start-up in 2018.
“With this new refinery, Kuwait will become one of the largest producers of clean fuels in the Middle East,” said James King, Honeywell general manager, Kuwait. “Honeywell’s suite of proven technologies for the refining industry is well suited to support a quick and safe refinery start up, and efficient operations. We are pleased to have been selected for this important project.”
For more information, read the press release.
Tags:automation and control solutions
Posted on Tuesday, December 3, 2013
Tanya Holcomb, Corporate Litigation Counsel for Honeywell, has been named one of 25 Influential Black Women in Business by The Network Journal, a monthly business magazine for black professionals and business owners dedicated to educating and empowering its readers.
Holcomb was recognized by the Network Journal for the significant impact of her professional achievements on the legal industry. Holcomb manages Honeywell’s largest litigation docket, which has enormous complexity and international dimensions. She has brought much greater predictability and success to her position. Holcomb has also spearheaded diversity initiatives for the law function as part of the Corporate Law Diversity Council and has led outreach to attorneys at partner law firms to create a pipeline of diverse candidates, increasing the diversity of attorneys working on Honeywell cases.
A committee of judges reviews all of the nomination packages submitted and selects each year's honorees. Holcomb will be a part of the 2014 class.
Posted on Tuesday, November 26, 2013
American Institute of Chemical Engineers (AlChE), the world’s leading organization for chemical engineering professionals, honored Honeywell Chairman and CEO David M. Cote at the AIChE’s 2013 Awards Gala held on Thursday, November 21.
The gala centered on the theme, “Recognizing Excellence in Engineering Ethics.” Cote was recognized because of Honeywell’s strong reputation for ethical engineering and business practices, and his outstanding personal commitment to ethics and integrity as chairman and CEO.
Honeywell Performance Materials and Technologies is a global leader in developing and manufacturing advanced materials and process technologies. Honeywell’s advanced materials are critical in the manufacture of products ranging from nylon to computer chips to pharmaceutical packaging. Process technologies developed by Honeywell’s UOP business form the foundation for most of the world’s refiners, efficiently producing gasoline, diesel, jet fuel and petrochemicals.
Tags:Dave Cote, performance materials and technologies
Posted on Monday, November 25, 2013
Nobel Laureate Professor Sheldon Glashow visited Beihang University for a two-day program of inspirational exchanges with students and faculty as a part of the Honeywell Initiative for Science & Engineering.
Glashow, the 1979 Nobel laureate in physics, presented a lecture to students titled, “Does Science Evolve through Blind Chance or Intelligent Design?” He argued that scientific discoveries that happen by chance are of equal importance to those that come about through targeted research and intelligent design, and advised students to focus on both as they explore new ideas and concepts.
“Honeywell profoundly hopes that the students will be inspired to pursue scientific advances in the future as a result of this opportunity to meet a Nobel laureate. Innovation is at the core of everything we do, and I believe it holds the key to achieving future growth in China,” Stephen Shang, president of Honeywell China explained.
For more information, visit Honeywell Initiative for Science & Engineering.
Tags:Honeywell Hometown Solutions
Posted on Friday, November 22, 2013