MORRIS PLAINS, N.J., Oct. 6, 2017 /PRNewswire/ -- Honeywell (NYSE: HON) announced today that it has named Anne T. Madden as Senior Vice President and General Counsel, reporting to President and CEO Darius Adamczyk and serving as a company officer.
Madden has served as Vice President of Corporate Development and Global Head of M&A since 2002. During her tenure, Honeywell has executed about 100 acquisitions representing $15 billion in sales along with about 70 divestitures representing $8.5 billion in sales. Madden succeeds Kate Adams, who served in the role since 2009 and has decided to leave Honeywell to become Apple's General Counsel.
"We appreciate all of Kate's contributions to Honeywell, and under her leadership, we built a deep bench of legal talent. Anne has strong business acumen and deep legal expertise, and she is a welcome addition to Honeywell's leadership team. She has a proven track record not only of facilitating transactions, but supporting Honeywell's growth around the world," Adamczyk said. "Anne has also been instrumental in developing and executing our disciplined integration process that has driven the high payback we have achieved with the vast majority of our deals. Our successful M&A strategy and the returns we have generated have differentiated Honeywell from its peers."
Prior to her current role, Madden served as vice president and deputy general counsel for the Performance Materials and Technologies business group. Prior to Honeywell, Madden was in private practice at the New York law firm of Shearman & Sterling, focused on M&A and Corporate Finance. She started her career as an auditor in the Financial Services Group of KPMG Peat Marwick in New York.
Madden earned an A.B. in English and American literature from Brown University, a M.S. in accounting and a M.B.A. in finance from the New York University Stern School of Business, and a J.D. from the Fordham University School of Law, where she was Managing Editor of the Law Review.
Honeywell (www.honeywell.com) is a Fortune 100 software-industrial company that delivers industry specific solutions that include aerospace and automotive products and services; control technologies for buildings, homes, and industry; and performance materials globally. Our technologies help everything from aircraft, cars, homes and buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
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. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
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