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It wasn’t long after CEO Dave Cote hired his new CFO Dave Anderson in 2003 that $34 billion Honeywell International Inc. began to feel the heat–in this case, from a re-energized company. After the company’s share price took a nosedive in 2000 and other financials looked less than robust, the two men helped to lead the Morristown, N.J.-based maker of aerospace, automation and control, specialty materials and transportation products and solutions into a period when no record was safe–last year, it achieved record sales, record income, record cash flow and a 40% increase in share price. In the five years from 2002 through 2006, net income rose to a very positive $2.1 billion from a negative $254 million, based on sales of $31.4 billion, up from $22.3 billion.

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