Darius Adamczyk
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]
Early life and education[edit]
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]
Career[edit]
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]
Awards and memberships[edit]
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]
See also[edit]
References[edit]
- ^ Jump up to: a b "Board of Directors - Honeywell". investor.honeywell.com. Retrieved April 23, 2018.
- ^ Jump up to: a b "Darius Adamczyk President and CEO". Honeywell. Retrieved September 7, 2017.
- ^ Jump up to: a b c "Honeywell Names New President & COO | Water Quality Products". Wqpmag.com. April 4, 2016. Retrieved May 3, 2017.
- ^ "Executive Profile | Honeywell International Inc. | Darius Adamczyk | Customer Intelligence". Boardroominsiders.com. April 28, 2017. Archived from the original on September 7, 2017. Retrieved May 3, 2017.
- ^ Jump up to: a b c Gryta, Thomas (September 26, 2017). "Challenge for Honeywell's New CEO: Keep Up the Winning Streak". The Wall Street Journal. ISSN 0099-9660. Retrieved May 18, 2018.
- ^ "Darius Adamczyk". carnegie.org. Retrieved December 22, 2019.
- ^ "Francisco Partners wraps up $720M sale of Metrologic Instruments". www.bizjournals.com. Retrieved May 18, 2018.
- ^ Mann, Ted (June 28, 2016). "Honeywell CEO Cote to Step Down in March". The Wall Street Journal. Retrieved June 29, 2016.
- ^ "Honeywell lasers in on tech". Fortune. Retrieved August 3, 2020.
- ^ Jump up to: a b Greene, Jeffrey R.; Krouskos, Steve; Hood, Julie; Basnayake, Harsha; Casey, William (2018). The Stress Test Every Business Needs: A Capital Agenda for Confidently Facing Digital Disruption, Difficult Investors, Recessions and Geopolitical Threats. John Wiley & Sons. ISBN 978-1-119-41813-9.
- ^ Mallin, Christine (2018). Corporate Governance, Sixth Edition. Oxford: Oxford University Press. p. 260. ISBN 978-0-19-253873-4.
- ^ Cote, David M. (2020). Winning Now, Winning Later: How Companies Can Succeed in the Short Term While Investing for the Long Term. New York: HarperCollins Leadership. p. 181. ISBN 978-1-59951-021-7.
- ^ York, Carnegie Corporation of New. "Darius Adamczyk". Carnegie Corporation of New York. Retrieved August 3, 2020.
- ^ "Foreign Policy Association". www.fpa.org. Retrieved August 3, 2020.
- ^ "Members". www.businessroundtable.org. Retrieved August 3, 2020.
- ^ Admin. "Member List". The Business Council. Retrieved August 3, 2020.
- ^ "Council on Foreign Relations". Council on Foreign Relations. Retrieved August 3, 2020.
- ^ "President Donald J. Trump Announces Great American Economic Revival Industry Groups". whitehouse.gov. Retrieved August 3, 2020 – via National Archives.
- ^ "Honeywell Names 34-Year Honeywell Veteran Vimal Kapur To Succeed Darius Adamczyk As CEO On June 1, 2023; Kapur Elected To Company's Board Of Directors; Adamczyk To Serve As Executive Chairman". honeywell.com. March 14, 2023. Retrieved November 30, 2023.
External links[edit]