Can Bonsignore Get The New Honeywell Humming?
Following a legend has never been easy. Just ask Dale F. Morrison, who resigned as CEO of Campbell Soup Co. on Mar. 22 after never quite measuring up to predecessor David W. Johnson. That's why many eyes will be on Honeywell CEO Michael R. Bonsignore starting Apr. 1. That's when he takes over the chairmanship from the hard-charging Lawrence A. Bossidy, the dynamic ex-GE exec who led AlliedSignal Inc. from 1991 until its merger with the old Honeywell Inc. in December, 1999. "Those are tough shoes to fill for anyone," says Frederic M. Poses, chairman and CEO at American Standard Companies Inc. and a 30-year Allied veteran.
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