Business & Financial Stories

Honeywell CEO Dave Cote on Debt, Cyber Security

Honeywell Chairman and CEO Dave Cote spoke with Alan Murray, the President of the Pew Research Center and former Wall Street Journal (WSJ) editor, about a number of issues facing the U.S. including problems with debt and cyber security during a WSJ CFO Network conference. “There’s about $2.5 trillion that’s been done at this point,” [...]

Posted on Tuesday, June 18, 2013

Dave Cote Discusses How HON Avoided Layoffs During Recession in Harvard Business Review

The June issue of Harvard Business Review features an article written by Dave Cote, Chairman and CEO of Honeywell, in the How I Did It section titled “Honeywell’s CEO on How He Avoided Layoffs.” In response to the 2008/2009 recession, Honeywell engaged in employee furloughs – a temporary unpaid leave without job loss – instead [...]

Posted on Tuesday, June 11, 2013

Benjamin Driggs Named President of Honeywell Brazil

Honeywell named Benjamin Driggs as President of Honeywell Brazil, effective July 1, 2013. Driggs will work to promote Honeywell businesses that have significant future potential and are steadily growing in the region. Brazil has outstanding potential in many of Honeywell’s markets including oil and gas, refining and chemicals, construction, mining, and automobiles. Driggs joined Honeywell [...]

Posted on Thursday, June 6, 2013

New Honeywell Interactive Video Highlights Performance & Runway for Growth

The unique, interactive video experience provides our key stakeholders with a look at Honeywell’s performance over the last year, including outperformance in sales and margin rate growth, as well as the company’s strong performance towards its five-year plan. Viewers will hear Cote speak about Honeywell’s portfolio development, the value of a diverse portfolio in the [...]

Posted on Monday, June 3, 2013

Honeywell Chairman and CEO Dave Cote Named CEO of the Year

Chief Executive magazine today announced that Honeywell Chairman and CEO Dave Cote is "2013 CEO of the Year," an individual honor that recognizes an outstanding corporate leader, nominated and selected by a group of his peers. During Cote's tenure as CEO, Honeywell stock has risen +223.5%, compared to rises of +52.8% and +57.1% for the [...]

Posted on Friday, May 31, 2013

Honeywell CEO Guest Hosts CNBC’s Squawk Box

This morning, Dave Cote guest hosted CNBC's Squawk Box for a full-hour discussing a range of topics including the recent Fed minutes, the bull market, the need for an American Competitiveness Agenda, and his forthcoming recognition as Chief Executive magazine’s CEO of the Year. During the final moments of the interview, Cote summed up his [...]

Posted on Thursday, May 23, 2013