FYI: Honeywell International is one of the largest industrial companies on the planet. It won’t be for much longer if CEO Darius Adamczyk has his way.
The 53-year-old former electrical engineer doesn’t dream of chopping Honeywell (ticker: HON) into smaller pieces, as industrial peers like United Technologies (UTX) plan to do. He doesn’t have a broad goal to transform the industrial landscape, as General Electric (GE) once did. Instead, Adamczyk is staking his legacy on turning Honeywell, a maker of products ranging from aerospace engines to personal-safety equipment, into an industrial-software company with a business model more akin to Salesforce.com (CRM) or SAP (SAP.Germany) than the industrial conglomerates of old.