Honeywell International Inc
HON: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|ZV | LOCK|L<v | LOCK|g?%$Y$! |
Honeywell CEO Transition: A Time When Its Say Doesn’t Match Its Do
We’re disappointed with the announcement that Darius Adamczyk will step down as Honeywell CEO on June 1, 2023. Speaking in his capacity as lead director of the board, Scott Davis touted the company’s “thoughtful leadership transition planning and execution,” as well as “rigorous planning” in CEO-elect Vimal Kapur’s selection. This wording drew parallels to the process that identified Darius Adamczyk as David Cote's successor. But these words miss the point.
