Honeywell Named a Top Company for Leaders

MORRIS TOWNSHIP, N.J., Nov. 7, 2011 /PRNewswire/ -- Honeywell (NYSE: HON) today announced it has been listed in FORTUNE magazine as a 2011 North American Top Company for Leaders.

Conducted by Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation, in partnership with The RBL Group, a strategic HR and leadership systems advisory firm, and FORTUNE magazine, the Top Companies for Leaders is the most comprehensive study of organizational leadership in the world. An expert panel of independent judges selected and ranked winners based on criteria including strength of leadership practices and culture, examples of leader development on a global scale, impact of leadership in communities in which they operate, business performance, and company reputation.

"Honeywell hires the best, offers challenging work and competitive benefits, rewards performance, and provides leadership development tools that drive our performance-based culture," said Mark James, Honeywell's Senior Vice President of Human Resources and Communications. "We have a very strong executive management team and terrific bench strength, enabling us to execute seamless succession when necessary.  Honeywell has a long track record of strong financial performance, through both good and bad economic times, resulting from our leaders' commitment to delivering on both growth and productivity."  

"Our leaders are also actively engaged in Honeywell Hometown Solutions (HHS), our corporate citizenship initiative," continued James. "By applying the same rigor and business tools we use in the workplace, HHS builds programs that we can quantify: one community, one home, one student, and one teacher at a time. We've accomplished a lot and are proud to be receiving this terrific recognition."

When comparing the Top Companies with more than 470 other companies worldwide, Aon Hewitt found that the Top Companies are committed to building leadership capability within their organizations – a common characteristic that sets them apart from their peers.

"Aon Hewitt would like to congratulate Honeywell as being named one of the North American Top Companies for Leaders," said Pete Sanborn, global leader of the Talent and Organization Practice with Aon Hewitt. "Through our research, it's clear that Top Companies such as Honeywell understand the connection between investing in leaders and financial success. Leaders at these organizations are passionate and committed. They have a focus on talent and developing leaders in a manner that is aligned with business goals."

To learn more about the award or to download a copy of this study, please visit www.aon.com/topcompanies.

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; automotive products; turbochargers; and specialty 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 Contact:
Laura Knutelsky
(973) 455-5422
[email protected]

SOURCE Honeywell