Honeywell CEO took home $16.5 mn in 2017, 333 times than median employees

Honeywell International is the first S&P 100 company to disclose the ratio

Honeywell International disclosed that CEO Darius Adamczyk’s $16.5 million pay package for last year amounts to about 333 times more than what the company’s median employee earned, making it the first S&P 100 company to disclose the ratio.

The Morris Plains, New Jersey-based firm reported the ratio in a regulatory filing. Thousands of publicly traded US businesses will make their inaugural disclosures this year under a mandate of the 2010 Dodd-Frank Act. Adamczyk’s 2017 compensation, which increased 60 per cent from a year earlier, included $1.41 million in salary and a $5.72 million cash bonus, according to the filing. The median