Chief Executive magazine named Honeywell 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 is featured on the cover of Chief Executive Magazine’s July issue and can also be read at ChiefExecutive.net.
"David took on an enormous challenge and just hit it out of the park, creating One Honeywell,” said Jim Turley, Chairman and CEO, Ernst and Young and 2013 CEO of the Year selection committee member. “He's often said the trick is in the doing and David has done it, both internally at the company and externally in the strong statesman role he's playing to help our country."
The award recognizes the transformation of Honeywell under Cote’s leadership over the past decade. During that time, Honeywell increased sales by 71 percent to $37.7 billion, EPS by 197 percent to $4.48, and free cash flow by 66 percent to $3.7 billion, and delivered a total shareowner return of 240 percent, consistently outperforming the S&P 500.