Michael Bonsignore
Michael Bonsignore
Michael Bonsignore is an American businessman. He is the former chairman and chief executive officer of Honeywell. In 2004, he was elected to the National Geographic Society board of trustees. He is also the owner of Seattle's Stonington Gallery, which features contemporary masterworks by indigenous artists of the Pacific Northwest and Alaska...
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Just as we have succeeded in greatly increasing the company's profitability over the last five years, we are dedicated to improving our core growth rates by aggressively leveraging the technology position and installed base of each of our three business units. Our growth programs are poised to bear fruit in 1999 and 2000.
great growth sure
We have some great opportunities for growth. I want to make sure those opportunities for growth are funded.
achieve actions again commitment conditions deliver earnings economic expect growth markets met necessary originally per proved putting serve share though worse
In 1998, we again met our commitments, even though economic conditions in the markets we serve proved to be much worse than originally expected. In 1999, we again expect to deliver double-digit earnings per share growth and we are putting in place the actions necessary to achieve that goal.
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Honeywell has delivered strong cash flow and its 18th consecutive quarter of double-digit earnings per share growth. Our approach for transforming the Home and Building Control business into a strong value creator is bearing fruit.