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Honeywell executive Cote tops pay amid scandals and slumps
The report shows Honeywell top executive Cote receiving a 2002 total pay of 31.9 million including a 3.17 million salary and bonus, 25.1 million in Honeywell stock, and 118,667 in legal fees. He must stay until July 2012 to vest the stock. Aon's analysis notes rising executive compensation as boards face scrutiny.
MENTIONED IN THIS ARTICLE
Cote
Honeywell
Eatin
Mark H. Swartz
Tyco International
L. Dennis Kozlowski
John B. Blystone
SPX Com
David M. Cote
Honeywell International
Bear