Automotive News Europe Names Honeywell's Alex Ismail to 'Eurostars' List of Top Automotive Industry Executives

Honeywell Transportation Systems CEO Named Top Supplier Division CEO

News provided by

Sep 01, 2010, 09:00 ET

ROLLE, Switzerland, Sept. 1 /PRNewswire/ -- Honeywell's (NYSE: HON) Alex Ismail, President and CEO of Honeywell Transportation Systems, has been named the Automotive News Europe 2010 "Supplier Division CEO Eurostar." The Eurostars awards are determined independently by the editors of Automotive News Europe and this year acknowledge the achievements of ten leading industry executives during what was the worst recession in decades.

Automotive News Europe recognized Mr. Ismail for "not panicking when the global economic crisis started to hit his division's top product – turbochargers," noting that he remained confident in "the technology it was developing, the improvements it had made to its production processes, and its global reach."

"I'm honored to receive this recognition on behalf of all of our Honeywell employees around the world. By staying true to our fundamental commitment to innovation and customer service throughout the downturn and through the recent recovery, we have enhanced our reputation as the top turbo maker in the world," said Ismail. "Turbocharging is a technology whose time has come – the industry has recognized that it is a core enabling technology to meet stringent emissions regulations and increased fuel-efficiency standards."

Automotive News Europe will honor the 2010 Eurostars during a celebration dinner the day before the opening of the Paris Motor Show, and will feature the winners in a special show issue of ANE. To read the full profile of Alex Ismail and the other winners, go to http://www.autonews.com/section/ane.

Honeywell Turbo Technologies is the leading automotive turbocharger developer in the world, and is a business unit of Honeywell Transportation Systems, which also consists of Consumer Products Group and Friction Materials. As a leading automotive supplier, Honeywell Transportation Systems enhances vehicle performance, efficiency and appearance through state-of-the-art technologies, world-class brands, and global solutions tailored for its automotive customers around the world.

Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts as further described in our filings under the Securities Exchange Act.

SOURCE Honeywell