CP50: Honeywell Specialty Materials
Honeywell Specialty Materials is a business unit of Honeywell International Inc. The company provides high-performance specialty materials. It has research and development facilities around the world, including labs in Germany, New York, California and Shanghai. The company employs approximately 10,000 people at more than 80 manufacturing and sales facilities worldwide. Honeywell Specialty Materials began as Allied Chemical & Dye Corporation in 1920 when Washington Post publisher Eugene Meyer and scientist William Nichols consolidated five American chemical companies with headquarters in New York City. In 1928, Allied opened a synthetic ammonia plant in Hopewell, Va. Today, Honeywell still has operations in Hopewell.
President and CEO, Performance Materials and Technologies
Adamczyk leads Honeywell's Performance Materials and Technologies division, which develops high-performance products and solutions, including low global warming refrigerants, specialty films for healthcare and photovoltaic applications, and technologies for the global refining and petrochemicals industry. The division posted revenues of $6.8 billion in 2013.
Vice President and Chief Financial Officer, Honewell International
Szlosek was named CFO in April 2014. Prior to this role, he was vice president of corporate finance, responsible for corporate tax, treasury, investor relations, audit, financial planning and back office. From 2007 to 2013, Szolosek was CFO for Honeywell’s largest business group, Automation and Control Solutions (ACS), where he helped lead ACS to 50 percent growth in sales and a doubling of operating profits. He also helped transact 15 acquisitions valued at over $3 billion. He served as vice president and controller of Honeywell from 2004 to 2007.
Chairman and CEO, Honeywell International
Dave Cote was first elected president, CEO and a member of the Board of Honeywell International in February 2002. He was named chairman of the Board of Directors on July 1, 2002. Cote came to Honeywell from TRW, a $16 billion products and services provider for the automotive, aerospace, and information technology markets, where he joined as president in 1999. He was subsequently named CEO in 2001 and chairman in 2002. Cote joined TRW from General Electric, where he served 25 years, progressing through a series of positions in manufacturing, finance, marketing, strategic planning, and general management. He was appointed to his last position at GE - corporate senior vice president and president and CEO of GE Appliances - in 1996.
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