Home / Knowledge / News / Textiles / Nance Dicciani to retire from Honeywell
Nance Dicciani to retire from Honeywell
26
Mar '08
Honeywell announced that Andreas Kramvis has been named President and CEO of its $4.9 billion Specialty Materials business, effective March 31, 2008.

Kramvis succeeds Nance Dicciani who will retire from the company on April 14, 2008. He will report to Honeywell's Chairman and CEO Dave Cote.

“Honeywell is a much stronger and different company because of Nance Dicciani's terrific work and dedication over the past six years,” said Cote.

“Under her leadership, Specialty Materials transformed from a slow-growth, low-margin, niche business into a profitable global leader that has great positions in good industries.”

“Nance helped grow Specialty Material's revenue from $3.2 billion in 2003 to $4.9 billion in 2007 – a nine percent compound annual growth rate (CAGR),” continued Cote.

“In the same period, operating income grew at a 49 percent CAGR, and the business achieved a 10-point improvement in return on investment. We wish her the best in her retirement from Honeywell.”

"Andreas has been with Honeywell since we acquired Pittway in 2000 and has been the President of Environmental and Combustion Controls (ECC), a unit of our Automation and Control Solutions (ACS) business, since 2002," said Cote.

"During that time, ECC has grown sales by more than 75 percent mainly due to new product innovations, successful acquisitions, and an expanding global footprint.

He's an exceptional leader, with a proven track record of delivering profitable growth, driving innovation, and enhancing productivity. We're confident that this will be a seamless transition for the business and its customers."


Must ReadView All

Courtesy: Kai Pilger from Pexels

Textiles | On 24th Apr 2018

Pakistan’s textile exports up 7.77% in July-March FY18

The value of textile and garment exports from Pakistan increased by...

Alliance to form joint entity for safety in factories

Apparel/Garments | On 24th Apr 2018

Alliance to form joint entity for safety in factories

On the 5th anniversary of the Rana Plaza Collapse, The Alliance for...

China’s Alibaba partners with Thailand for digital trade

Textiles | On 24th Apr 2018

China’s Alibaba partners with Thailand for digital trade

China’s Alibaba Group recently signed an agreement with the Thai...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search