MORRIS TOWNSHIP, N.J. — Chief Executive Magazine has named Honeywell Chairman and CEO Dave Cote as “2013 CEO of the Year.”
The award recognizes Honeywell’s transformation under Cote’s leadership in the past decade. During that time, Honeywell has increased sales by 71% to $37.7 billion, pro forma EPS by 197% to $4.48, and delivered a total shareowner return of 240%, consistently outperforming the S&P 500 during that timeframe, according to the company.
President Obama appointed Cote to serve on both the bipartisan National Commission on Fiscal Responsibility and Reform (known as the Simpson-Bowles Commission) and the U.S.-India CEO Forum. Additionally, Cote serves as a Steering Committee member of the Campaign to Fix the Debt.