Summary
Honeywell International Inc. (HON) filed an 8-K on December 7, 2012, to report a significant executive leadership change within its finance department. Effective December 5, 2012, Adam Matteo was appointed as the new Vice President and Controller, also serving as the company's principal accounting officer. This appointment follows the departure of Kathleen A. Winters from this role. Ms. Winters is transitioning to a new position as Vice President and Chief Financial Officer for Honeywell's Performance Materials and Technologies segment. Mr. Matteo, with a history at Honeywell since 2006, brings relevant experience from his previous roles as Controller of the Automation and Control Solutions segment and prior positions within the company's accounting and financial controls functions. Investors should note that Mr. Matteo will be compensated under previously disclosed company plans.
Key Highlights
- 1Adam Matteo appointed as Vice President and Controller, effective December 5, 2012.
- 2Adam Matteo will also serve as Honeywell's principal accounting officer.
- 3Kathleen A. Winters is stepping down as Vice President and Controller.
- 4Kathleen A. Winters will assume the role of Vice President and Chief Financial Officer for the Performance Materials and Technologies segment.
- 5Adam Matteo joined Honeywell in 2006 and has held various financial leadership positions within the company.
- 6Mr. Matteo's compensation will align with existing, previously disclosed company compensation plans.