Cote did not give any merits increases in 2013, again a rotten move he says to save the companies, but it was Honeywells "Best Year Ever" and Cote did get his millions in bonuses. Cote and Mahoney, who by the way pinches pennies on travel do he and his CTO can fly the private jet anywhere they go. The leadership in Honeywell are a bunch of corrupt elitist. Look at who they had running complex things, Rob Gillette, he initially ran Aerospace then jumped to First Solar, got caught breaking laws and was promptly fired. Where do you think he learned those tricks? There are a few Rob Gillette students still at Honeywell Aerospace and they are doing the same thing now. Maybe Honeywell is the Enron of today, I think the future will show some pretty shady practices. The stockholders do not really questions how Cote does it because he brings them big money, but if they knew their money would be gone soon, they would certainly care. Cote is counting on investor's greed to blind you to asking questions. I think that Honeywell plays a shell game, moving money around from quarter to quarter to manipulate the stock market. Management allows everyone to sacrifice quality if that saves money... Look at our software quality, it's bad - hardware is bad too, wow, obsolescence in brand new designs. Avoid us...
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Best Year Ever - right, right