Darius Adamczyk | |
|---|---|
 Adamczyk in 2017 | |
| Born | February 8, 1966 Poland |
| Education | Michigan State University (BS) Syracuse University (MS) Harvard University (MBA) |
| Title | Chairman of Honeywell |
| Term | April 2020 – present |
| Predecessor | David M. Cote |
| Successor | Vimal Kapur |
Darius Adamczyk (born February 8, 1966) is a Polish-American businessman. He is the chairman (and former CEO) of Honeywell, an American multinational conglomerate. [1]
Adamczyk was born in Poland on February 8, 1966, and immigrated to the US at the age of 11, speaking no English. [2] [3] [4] His family settled in Grand Rapids, Michigan. He went to Michigan State University to study electrical and computer engineering, where he received his bachelor's degree. [5] He received a master's degree in computer engineering from Syracuse University, and an MBA from Harvard University. [6]
Adamczyk started his career with General Electric in 1988, as an electrical engineer. [3] He later spent four years at Booz Allen Hamilton, a consulting firm, followed by positions at Ingersoll-Rand PLC and Metrologic. [2] [5]
In 2008, Adamczyk was CEO of Metrologic Inc when Honeywell purchased the holding company for $720 million. [7] After the purchase, Adamczyk joined Honeywell's executive team. [5] He became president of Honeywell Process Solutions in 2012. After two years in this role, he then became president and CEO of Honeywell Performance Materials and Technologies in 2014. [3]
In June 2016, it was announced that David M. Cote would step down as CEO of Honeywell at the end of March 2017 and Adamczyk would succeed him. Cote continued as executive chairman through April 2018, when he stepped down and Adamczyk was elected chairman. [8] [1]
Fortune Magazine reported on Adamczyk’s leadership style, "Adamczyk used a similar strategy in his various roles: apply analytical rigor to identify areas of potential growth, chop deadweight, and lean into software and automation." [9] After assuming his post, Adamczyk ordered a comprehensive portfolio review process that included input from industry experts and stakeholders. [10] The company announced two major divestments that represented about $7.5 billion in revenues. [10] The company also became the first major American public company to disclose its ratio of CEO pay to median employee. [11] Adamczyk is also noted for building on the company's Sentience platform and expanded it into Honeywell Forge, a cloud-based IoT platform and product development framework for the development of scalable software. [12]
The Carnegie Corporation of New York honored Adamczyk with 2019 Great Immigrant Award. [13] Adamczyk was awarded the Foreign Policy Association’s Corporate Social Responsibility Award. [14] He is a member of The Business Roundtable, [15] The Business Council, [16] and Council on Foreign Relations. [17] President Trump selected Adamczyk to join the Great American Economic Revival Industry Groups. [18]
On June 1, 2023 Adamczyk became Executive Chairman of Honeywell and was succeeded by Vimal Kapur as CEO. [19]
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Honeywell is a Fortune 500 company, ranked 115th in 2023. In 2023, the corporation had a global workforce of approximately 95,000 employees. The current chairman is Darius Adamczyk and the chief executive officer (CEO) is Vimal Kapur.
David M. Cote is an American businessman. Cote previously worked for General Electric and TRW Inc. before he was appointed chairman and chief executive officer (CEO) of Honeywell in 2002, following their acquisition by AlliedSignal. Cote also sat on the JP Morgan Chase risk committee during the period in which the firm lost $6 billion trading credit derivatives. Cote stepped down as CEO at Honeywell at the end of March 2017 and was succeeded by Darius Adamczyk. Cote is currently the executive chairman of Vertiv.
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