Darius Adamczyk to Succeed Dave Cote as Honeywell CEO in 2017

“Darius thinks independently and has demonstrated that he can evolve business strategies to fit evolving circumstances — a very important skill because the world is changing rapidly. He is analytically and strategically strong and results-oriented, and he has a proven growth track record in high growth regions. In the past few months as Chief Operating Officer, Darius has pushed our businesses to develop bigger and better breakthrough strategies under our Honeywell Operating System (HOS) Gold framework that will put Honeywell on a sustained growth trajectory now and well into the future. He understands Honeywell’s business model — which is grounded in our portfolio, processes, and culture — and he has a valuable perspective from leading large and small businesses. From his time as CEO of a small company, Metrologic, Darius understands the need to be lean and to focus on breakthrough goals. From his experience at Honeywell, he knows how to build scale and leverage process excellence. With our tremendous diversity of opportunities across businesses and around the world, Darius is brimming with ideas and excited about what the future holds. We are confident he will be a great leader in executing our strategic plans and driving continued growth.”

Adamczyk had the following to stay on the announcement:

“It is a privilege to have the opportunity to take on a bigger role at Honeywell and ultimately to become the CEO, fully supported by Dave, our very strong board, and a talented and experienced leadership team. It has been energizing to see all the ideas we are developing and implementing to build on our great positions in good industries. We have a long runway to accelerate organic growth and drive margin expansion with new offerings that blend our leading domain expertise with our advanced software capabilities to improve the quality of lives, enhance safety and comfort and drive energy efficiency and productivity — all global macro trends that are big today and will only get bigger tomorrow. Software will represent a big portion of our growth over the next several years, which is why about half of our 23,000 engineers globally are software engineers. We are the first large Western company to reach CMMI Level 5 capability among all our software engineers. This is a very high standard that uniquely qualifies us to compete effectively in the Internet (HHH) of Things arena, where software capability has to be combined with product and domain knowledge. Our HOS Gold-supported culture and processes are fostering speed and entrepreneurialism among our global business enterprises while allowing us to leverage the scale and process strength of a large company.”