1、Dear Fellow Shareowner:When I joined Honeywell in India nearly 35 years ago,I never imagined that one day I would lead this iconic global company.After a journey that included living and working in seven cities across three continents,from Pune to London to Charlotte,it has been my honor to work sid
2、e-by-side with so many great teams and customers.It has given me a vital perspective on our end users needs and the role Honeywell plays in improving the everyday lives of people around the world.Whether it is our cockpit technology enabling a plane to land safely and on time,or one of our building
3、innovations keeping employees secure and comfortable,what we do truly matters to everyone.Working at Honeywell has never felt like a job to me,largely because of my passion for serving our customers and strengthening our business.I am incredibly excited about the opportunities ahead of us,helping cu
4、stomers navigate complex challenges and pursuing new growth avenues that can underpin enhanced shareowner value.Before reflecting on our results and progress over the past year,I want to thank my predecessors,outgoing Executive Chairman Darius Adamczyk and former Chairman and CEO David Cote.Over the
5、 course of more than two decades,their leadership and vision shaped our portfolio of businesses,transforming Honeywell into the integrated operating company we are today.They solidified a culture of accountability and operational rigor that enabled us to deliver approximately 800%in total shareholde
6、r returns since the beginning of 2005.I am committed to carrying the torch forward.REFLECTIONS ON HONEYWELL PERFORMANCE AND GROWTH We were able to meet or exceed our commitments to the market in 2023,despite the challenging operating environment.Our full-year sales increased 3%,or 4%on an organic ba