Twenty-seven percent of urban residents in Romania have ignored a fire alarm in a public place, assuming it was a false alarm or a test. A recent Honeywell survey highlighted important gaps in public safety awareness and behavior in Bucharest and other urban areas.
Nearly 90 percent of survey respondents indicated a voice alarm message that provides clear instructions to leave the building, instead of a fire alarm siren only, would spur them to evacuate the building more rapidly. Advanced Public Address/Voice Alarm (PA/VA) systems can provide effective emergency communications and help make evacuation more efficient by giving clear instructions that people respond to more quickly and naturally than a tone alarm.
Honeywell Life Safety offers a full range of solutions including Public Address/Voice Alarm systems, Fire Detection Systems, and Hazard Management Software, which permits the monitoring of multiple fire systems from a single user interface. The company also collaborates with government agencies, technical experts, and industry associations on fire safety issues, and works with students from Bucharest Technical University of Civil Engineering to provide specialized training on Life Safety technology.
Honeywell today announced several senior leadership changes, reflecting further advancement of strong leaders throughout the company, effective immediately.
Roger Fradin and Andreas Kramvis promoted to Vice Chairmen of Honeywell
Honeywell Process Solutions moves from Automation and Control Solutions (ACS) to Performance Materials and Technologies (PMT)
Alex Ismail named President & CEO of ACS
Darius Adamczyk named President & CEO of PMT
Tom Szlosek becomes Senior Vice President and Chief Financial Officer
Dave Anderson to retire after a decade of outstanding service as CFO
“Honeywell is in an enviable position to capitalize on the strength and experience of a highly capable leadership team to support our continued strong performance and commitment to our customers and shareholders,” said Honeywell Chairman and CEO Dave Cote. “These changes are terrific examples of our ongoing commitment to evolving as a company, which includes the newly created Vice Chairman positions and the development of our highly capable management bench by presenting them with new and challenging growth opportunities that are aligned with the achievement of our new 5-year plan. These leadership moves are another example of how the best is yet to come for Honeywell.”
Honeywell will participate in a two-year program with CPS Energy, the community-owned, not-for-profit energy utility in San Antonio, Texas.
The utility will use automated demand response (ADR) technology and services from Honeywell to connect and collaborate with commercial and industrial customers, and adjust electricity consumption when the demand for energy peaks. As a result, CPS Energy will have additional tools to enhance the stability of the Texas electrical grid, especially on hot summer days when air conditioners and other cooling equipment are often running at capacity.
The program is expected to be the largest ADR deployment by a municipal utility, and will build on a successful pilot project that CPS Energy and Honeywell completed last year. The pilot included nine commercial and industrial facilities, and helped trim demand by approximately 1.5 megawatts (MW) — a more than 10 percent reduction in each building on average. Honeywell and CPS Energy will look to enroll 60 additional sites, bringing the potential reduction to nearly 6 MW, enough electricity to meet the typical load of more than 2,200 homes.
BusinessWorld – India’s leading business magazine – released its annual leadership issue featuring a series of interviews with the country’s top business leaders on this year’s theme of “Glocal” or global-local thought leadership.
Anant Maheshwari, President of Honeywell India, provided insight for the cover story, “Global Corporations, Local Lessons” that explained Honeywell’s global strategy of Becoming the Chinese Competitor to gain a competitive edge. Click here to read the cover story.
In a second feature, which is a Honeywell exclusive, the piece observes, “For Honeywell India, going Glocal is not a one-way street of picking up ideas in one place and thrusting them in another.” Maheshwari explains the best measure of success for Honeywell’s Becoming the Chinese Competitor strategy is its results. The first step in becoming China’s competitor is to win there, and the country has become Honeywell’s second largest in sales. Click here to read the article.
Honeywell attended the annual IR Magazine Awards in the U.S., where the company took home three awards including Best Financial Reporting, Best in Sector: Diversified Industrials, and Best IR by a CFO – Large Cap by David Anderson.
The awards ceremony, now in its 19th year, was hosted by David Brancaccio, host and senior editor of American Public Media’s Marketplace Morning Report, and saw more than 400 members of the US IR community gather at New York’s Cipriani Wall Street.
The winners of the 2014 IR Magazine Awards in the U.S. were determined by an independent survey of more than 800 analysts and investors based throughout the US. Each was asked to vote for the company they think provides the best IR service in each awards category.
Honeywell Chairman and CEO Dave Cote appeared on Fox Business Network’s MONEY with Melissa Francis, where he discussed more efficient ways to promote STEM education in order to increase the number of engineers in America.
“If we took a look at all the government programs that support science, technology, engineering and math, there are over 100 programs already,” Cote explained. “None of them are coordinated and not a single one is measured to see if we are getting what we ought to. My guess is there’s a way to combine all that, focus and measure it, and you can probably pay someone to get an engineering degree.”
Cote illustrated the need for more focus, using the future of Honeywell as a prime example.
“We’ve got over 22,000 engineers… and more than half of them are doing software,” Cote said. “Whether it's simulation software packages, the software that goes into a product today, or the software you sell as a service, it is becoming increasingly important – and that’s math and science based.”