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Tag Archives: Roger Fradin

Harris Unveils 2 Board Appointments Under Jana Partners Pact

Melbourne, Florida-based Harris Corp. (NYSE: HRS) has confirmed one appointment to the board of directors and the nomination of a second as part of the communications technology maker’s cooperation agreement with activist hedge fund Jana Partners. Barry Rosenstein’s Jana disclosed its position as one of Harris’ 10 largest shareholders in August and both agreed to two mutually-agreed …

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Honeywell Adds Senior-Level Positions as Part of Five-Year Growth Plan; Dave Cote Comments

Honeywell (NYSE: HON) has announced promotions and other changes within its leadership ranks as part of a five-year plan that aims to grow its businesses, expand geographically and improve its sales and margin rate. The company has “an ongoing commitment to evolving as a company, which includes the newly created …

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Honeywell to Acquire EMS Technologies, Inc. for $491 Million Cash

Honeywell (NYSE: HON) has signed a definitive agreement to acquire EMS Technologies (NASDAQ: ELMG) for $33 per share, or approximately $491 million,  in cash. The purchase price is roughly 13 times EMS’ 2010 earnings before interest, taxes, depreciation and amortization. EMS Technologies provides connectivity solutions for networking, rugged mobile computers and satellite communications. …

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Ron Rothman to Head Honeywell Security Group

Honeywell (NYSE: HON) has named Ron Rothman president of Honeywell Security Group, reporting directly to Roger Fradin, president and CEO of Automation and Control Solutions. In his new role, Rothman now leads the global security business, a leading innovator, manufacturer and supplier of electronic security technology protecting millions of homes, …

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