Click here to close now.

SYS-CON MEDIA Authors: Elizabeth White, Joe Pruitt, Carmen Gonzalez, Liz McMillan, Kevin Jackson

News Feed Item

Honeywell Announces Senior Leadership Changes

-- Roger Fradin and Andreas Kramvis Promoted to Vice Chairmen of Honeywell

MORRIS TOWNSHIP, N.J., April 7, 2014 /PRNewswire/ -- Honeywell (NYSE: HON) today announced several senior leadership changes, reflecting further advancement of strong leaders throughout the Company, effective immediately.

"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 leadership changes will have a positive impact on achieving our new 5-year plan for continued sales and margin rate growth and geographic expansion. Each of these leaders has a strong track record of global leadership, robust business performance, and championing change at Honeywell."

Roger Fradin is promoted to Vice Chairman of Honeywell, a newly created leadership position where he will be primarily responsible for advancing the Company's merger and acquisition strategy toward its recently announced 5-year target of $10 billion, High Growth Regions expansion, and improving internal operations.  Roger will continue to report directly to Cote and will remain an Executive Officer of the Company.  Roger was previously President and CEO of ACS, which more than doubled from an $8 billion, mainly U.S. domestic business to a $17 billion global business during Roger's 10 year tenure.

Andreas Kramvis is promoted to Vice Chairman of Honeywell where he will use his expertise to enable the global deployment of HOS Gold, advance the Company's software initiative by improving the productivity and quality of our software development processes, and drive High Growth Regions expansion, which are all critical components of our recently announced 5-year plan. Andreas will continue to report directly to Cote and will remain an Executive Officer of the Company.  Since 2008, Andreas was President and CEO of PMT, which has grown 30% to become a $7 billion, highly profitable business. 

Honeywell Process Solutions (HPS), with 2013 sales of $3.1 billion, moves from ACS to PMT.  This move provides an opportunity for Honeywell to better and more efficiently leverage important customer and sales synergies, and to build upon our global expertise and breadth of available resources to execute complex process technology and automation projects in the oil and gas, refining, petrochemical, and major manufacturing industries.

Alex Ismail is named President and CEO of ACS, which will comprise Honeywell Building Solutions and the Energy, Safety, and Security (ESS) businesses (Environmental and Combustion Controls, Life Safety, the Security Group, Scanning & Mobility, Sensing and Control). Alex will report directly to Cote and will remain an Executive Officer of the Company.  Alex was previously President of the ESS businesses, a role that will not be replaced in ACS.  Prior to ESS, Alex served as President and CEO of Honeywell Transportation Systems based in Switzerland, successfully positioning the business for terrific growth.

Darius Adamczyk is named President and CEO of PMT, which now includes HPS, UOP, and Advanced Materials (Resins & Chemicals, Fluorine Products, and Specialty Products).  Darius will report directly to Cote and become an Executive Officer of the Company.  Darius was previously President of HPS, where he led a dramatic operational turnaround over the last 2 years, and prior to that, President of Honeywell Scanning & Mobility, a business unit of ACS, where he doubled the size of the business in only 4 years and significantly increased profitability.

Tom Szlosek becomes Senior Vice President and CFO, reporting directly to Cote, and an Executive Officer of the Company.  Tom was previously Vice President of Corporate Finance, and prior to that served as Vice President and CFO of ACS.  Tom brings corporate and business experience to the role and will be responsible for continuing the transformation of the Finance function and helping Honeywell continue to effectively drive profitable growth.

Dave Anderson, Senior Vice President and CFO, will retire after a decade of outstanding service at Honeywell. "Dave has played an integral role in the transformation of Honeywell with significant contributions to our improved financial and operating disciplines, reporting transparency, and credibility with investors. I truly appreciate all that Dave has done for our Company, our shareholders and our customers and wish him the best in his retirement endeavors," commented 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," concluded Cote.  "These leadership moves are another example of how the best is yet to come for Honeywell."

Starting with second quarter 2014 results, the Company will report financial performance based on the inclusion of HPS in PMT.  During the second quarter of 2014 the Company will revise its historical segment results to align with the new reporting structure for consistency going forward.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges.  For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

Media:

Investor Relations:

Robert C. Ferris

Elena Doom

(973) 455-3388

(973) 455-2222

[email protected]

[email protected]

SOURCE Honeywell

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Many of the well-known examples of DevOps success we read in blogs on the Internet paint an idyllic picture of DevOps productivity. A team was facing a stodgy, slow-moving operations department, teams weren’t delivering software on time. Those teams moved to DevOps, became proactive about infrastructure and deployment automation, and an overnight transition to productivity ensues. People are promoted, projects are successful, and developers and system administrators dance hand-in-hand in a final...
In this session we look at creating interactive communications via the web by adding messaging, file transfer, and group communication (group chat and audio/video conferencing) into the web experience. We will also discuss potential applications of this technology in areas including B2B, B2C, P2P, and gaming. Peter is Technical Director at Acision. He graduated from The University of Edinburgh in 2000 with a BSc (Hons) in Computer Science. After graduation Peter worked on a PSTN switch dev...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
SYS-CON Events announced today that the DevOps Institute has been named “Association Sponsor” of SYS-CON's DevOps Summit, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. The DevOps Institute provides enterprise level training and certification. Working with thought leaders from the DevOps community, the IT Service Management field and the IT training market, the DevOps Institute is setting the standard in quality for DevOps education and training.
SYS-CON Events announced today the DevOps Foundation Certification Course, being held June ?, 2015, in conjunction with DevOps Summit and 16th Cloud Expo at the Javits Center in New York City, NY. This sixteen (16) hour course provides an introduction to DevOps – the cultural and professional movement that stresses communication, collaboration, integration and automation in order to improve the flow of work between software developers and IT operations professionals. Improved workflows will res...
SYS-CON Events announced today that Ciqada will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Ciqada™ makes it easy to connect your products to the Internet. By integrating key components - hardware, servers, dashboards, and mobile apps - into an easy-to-use, configurable system, your products can quickly and securely join the internet of things. With remote monitoring, control, and alert messaging capability, you will mee...
SYS-CON Events announced today that Column Technologies, a global technology solutions company, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Established in 1998, Column Technologies is a leader in application performance and infrastructure management for commercial and federal markets. The company is headquartered in the United States, with a diverse and talented team of more than 350 employees around th...
SYS-CON Events announced today that Blue Box has been named “Bronze Sponsor” of SYS-CON's DevOps Summit New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Blue Box delivers Private Cloud as a Service (PCaaS) to a worldwide customer base. Built on a technology platform leveraging decades of operational expertise in cloud and distributed systems, Blue Box Cloud is a managed private cloud product available in both hosted and on-prem versions. Each Blue Box ...
SYS-CON Events announced today the IoT Bootcamp – Jumpstart Your IoT Strategy, being held June 9–10, 2015, in conjunction with 16th Cloud Expo and Internet of @ThingsExpo at the Javits Center in New York City. This is your chance to jumpstart your IoT strategy. Combined with real-world scenarios and use cases, the IoT Bootcamp is not just based on presentations but includes hands-on demos and walkthroughs. We will introduce you to a variety of Do-It-Yourself IoT platforms including Arduino, Ras...
SYS-CON Events announced today Sematext Group, Inc., a Brooklyn-based Performance Monitoring and Log Management solution provider, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Sematext is a globally distributed organization that builds innovative Cloud and On Premises solutions for performance monitoring, alerting and anomaly detection (SPM), log management and analytics (Logsene), search analytics (S...
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
GENBAND introduced its Real Time Communications (RTC) Client for Lync* to seamlessly combine real-time communications with Lync Instant Messaging (IM) and Presence. “We’re shaking up the economics of delivering Unified Communications (UC) and offering a compelling way to integrate previously bespoke communications technologies,” said Carl Baptiste, GENBAND’s Senior Vice President, Enterprise Solutions. “We’re offering enterprises the best of both worlds by combining our own high availability v...
SYS-CON Events announced today Arista Networks will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Arista Networks was founded to deliver software-driven cloud networking solutions for large data center and computing environments. Arista’s award-winning 10/40/100GbE switches redefine scalability, robustness, and price-performance, with over 3,000 customers and more than three million cloud networking ports depl...
SYS-CON Events announced today that GENBAND, a leading developer of real time communications software solutions, has been named “Silver Sponsor” of SYS-CON's WebRTC Summit, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. The GENBAND team will be on hand to demonstrate their newest product, Kandy. Kandy is a communications Platform-as-a-Service (PaaS) that enables companies to seamlessly integrate more human communications into their Web and mobile applicatio...
Can call centers hang up the phones for good? Intuitive Solutions did. WebRTC enabled this contact center provider to eliminate antiquated telephony and desktop phone infrastructure with a pure web-based solution, allowing them to expand beyond brick-and-mortar confines to a home-based agent model. It also ensured scalability and better service for customers, including MUY! Companies, one of the country's largest franchise restaurant companies with 232 Pizza Hut locations. This is one example of...