HONEYWELL NAMES Jim bujold president, SE asia AND ANANT MAHESHWARI AS PRESIDENT, Honeywell india

HONEYWELL NAMES Jim bujold president, SE asia AND

ANANT MAHESHWARI AS PRESIDENT, Honeywell india

Vikas Chadha to succeed Maheshwari as Managing Director, Honeywell Automation India Limited (HAIL)

    

Mumbai / New Delhi, November 11, 2013 – Honeywell (NYSE: HON) today announced the appointment of Jim Bujold as President, Southeast Asia, and Anant Maheshwari as President, Honeywell India. The appointments reflect the organization’s continued evolution, growth and depth of leadership talent in the country.

Maheshwari, who has been the Managing Director of Honeywell Automation India Limited (HAIL) since March 2010, will succeed Bujold who is currently President, Honeywell India. Both Bujold and Maheshwari will transition into their new roles on January 1, 2014.

“These senior leadership changes reflect not only a robust leadership talent pipeline, but also our relentless focus on achieving an outstanding growth trajectory in our High Growth Regions (HGRs),” said Shane Tedjarati, president of Global High Growth Regions, Honeywell.

“We are confident that both Jim and Anant will play big roles in Honeywell’s presence in the region. Jim has done a terrific job over the past three years in driving growth for Honeywell in India. His move to a larger, regional role aligns with the company’s focus on key HGR countries in Southeast Asia. The company projects these HGRs to contribute more than 60 percent of the world’s growth during the next decade,” Tedjarati added. “Anant takes over a strong organization in India, one of our priority HGRs, and we’re confident that his leadership abilities will continue to drive growth in the country.”

As President, Honeywell, Southeast Asia, Bujold will oversee Honeywell’s operations in Singapore, Malaysia, Thailand and Philippines. During his three-year tenure, Bujold brought to Honeywell India a global outlook, strategy and vision, with a rich and diverse experience spanning more than three decades.

Maheshwari has spent close to a decade in Honeywell in a number of leadership roles of increasing responsibilities. His new role builds upon his successes in leveraging the region’s growth potential, building strategic relationships and driving a One Honeywell approach to create a powerful customer value proposition.

Both Bujold and Maheshwari will partner with Honeywell’s businesses to seek new growth opportunities and identify potential synergies in the region.

The company also named Vikas Chadha Managing Director, HAIL, effective January 1, 2014. HAIL is an approximately $300M company listed on the Bombay and National stock exchanges and Honeywell’s largest entity for its Automation and Control Solutions (ACS) business in India. Chadha is currently Regional General Manager for ACS’ Honeywell Building Solutions business in India.

About Honeywell

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.

About Honeywell India

Honeywell is a Fortune 100 company (www.honeywell.com) that develops and manufactures technologies to address some of the world’s toughest challenges linked to global macrotrends such as energy efficiency, clean energy generation, safety and security, globalization and customer productivity. Each of the company’s four businesses – Aerospace, Automation and Control Solutions, Performance Materials and Technologies, and Transportation Systems – has a significant presence in India. Honeywell’s India commitment is evident in five state-of-the-art manufacturing and engineering operations for its automation, turbocharger, and refining businesses, and five global centers of excellence for technology development and innovation. Honeywell employs more than 13,000 people across 50 locations including Delhi, Pune, Bangalore, Hyderabad, Chennai, Gurgaon and Madurai. For more news and information on Honeywell, please visit www.honeywellnow.com.