In 2017, David M. Cote earned $1.53M in total compensation at Honeywell International, primarily from $900.96K salary. Most recently acquired 200 shares in Jan 2023. Currently holds stock worth $408.33M. Has donated $2.36B in stock to charitable causes. Led Honeywell International as CEO for 14 years.
Compensation History
Annual executive compensation data for David M. Cote, including salary, bonuses, and stock awards.
Year
2017
Total Compensation
$1.53M
Salary
$900.96K
Bonus
$0.00
Other
$631.56K
Salary
$900.96KBoard Justification
Honeywell's compensation philosophy emphasizes variable, at-risk compensation aligned with company performance and shareowner interests, focusing on attracting and retaining top talent while managing risk.
Bonus
$0.00Board Justification
Mr. Cote's 2017 ICP award was paid at 50% of his prior year actual ICP award due to his transition to Executive Chairman.
Other Compensation
$631.56KBoard Justification
Other compensation includes life insurance premiums, matching contributions, personal use of company aircraft, and security systems expenses.
Restricted Stock
Board Justification
No stock awards were granted to Mr. Cote in 2017 as he transitioned to the role of Executive Chairman.
Performance Metrics
The performance metrics for Mr. Cote's compensation were based on the company's overall financial performance and individual contributions during his tenure as CEO.
David M. Cote
Ex-CEO of Honeywell International
Education
Bachelor's degree in business administration from the University of New Hampshire.
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
November 20, 1952 - 73 years ago
CEO of Honeywell International for
14 years 8 months (Jul 2002 - Mar 2017)
Previous Experience
CEO of TRW Inc.
Other Honeywell International CEOs
Holdings
Track David M. Cote's stock holdings and portfolio value over time.
Total Stock Sold
$429.34M
$429.34M
4,867,265 HON shares
What if they kept their stock?
If David M. Cote didn't sell their stock, today they would have:
Extra HON4,867,265 shares worth $931.25M.
This is 116.9% and $501.92M more than what they got when they sold the stock.
Charitable Transactions
95,452.6 shares
HON
12,412,500 shares
VRT
Recent Charitable Transactions
2,000,000 shares
VRT
Jul 30, 2024
Charity
8,572,500 shares
VRT
Dec 8, 2023
Charity
1,840,000 shares
VRT
Feb 7, 2020
Charity
95,452.6 shares
HON
Feb 10, 2017
Charity
Insider Trading
David M. Cote's recent stock transactions, purchases, and sales filed with the SEC.
2,000,000 shares
VRT
Jul 30, 2024
Charity
8,572,500 shares
VRT
Dec 8, 2023
Charity
200 shares
VRT
Jan 6, 2023
Inheritance
$200.05K
VRT at $16.32/share
Aug 25, 2020
Received
$20.50M
VRT at $10.00/share
Feb 7, 2020
Received
1,840,000 shares
VRT
Feb 7, 2020
Charity
17,071 shares
HON
Mar 9, 2018
Received
$127.03M
HON at $131.01/share
Feb 10, 2017
Sale
95,452.6 shares
HON
Feb 10, 2017
Charity
95,452.6 shares
HON
Feb 10, 2017
Charity
Rivals
Compare David M. Cote with competitor CEOs and industry peers.
David P. Abney
CEO of United Parcel Service, Inc.
2023 Compensation
Stock
$0.00
Salary
$1.51M
Bonus
$0.00
Other
$95.67K
Total Holdings
$1.01M
David A. Roberts
CEO of Carlisle Companies
2017 Compensation
Stock
$0.00
Salary
$792.20K
Bonus
$1.19M
Other
$12.76K
Total Holdings
$5.57M
Thomas P. Joyce, Jr.
CEO of Danaher
2024 Compensation
Stock
$5.02M
Salary
$1.35M
Bonus
$0.00
Other
$506.42K
Total Holdings
$1.66M
William M. Brown
CEO of 3M
2022 Compensation
Stock
$0.00
Salary
$738.46K
Bonus
$0.00
Other
$993.48K
Total Holdings
$1.25M
E. Scott Santi
CEO of Illinois Tool Works
2022 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$0.00
Other
$0.00
Total Holdings
$634.58M