SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 17, 1998
AlliedSignal Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-8974 22-2640650
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
101 Columbia Road
P.O. Box 4000
Morristown, New Jersey 07962-2497
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (973) 455-2000
Item 5. Other Events.
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On June 17, 1998, the Registrant issued the following press release:
ALLIEDSIGNAL ELECTS POSES PRESIDENT AND COO;
BURNHAM RESIGNS TO BECOME PRESIDENT AND COO OF RAYTHEON
MORRIS TOWNSHIP, New Jersey, June 17, 1998 - Lawrence A.
Bossidy, Chairman and Chief Executive Officer of AlliedSignal
Inc., announced today that Vice Chairman Frederic M. Poses, 55,
has been elected President and Chief Operating Officer, effective
immediately.
The move follows the resignation of another Vice Chairman,
Daniel P. Burnham, to accept the position of President and Chief
Operating Officer of Raytheon Company, effective July 1.
Effective December 1, Burnham will become Chief Executive Officer
of Raytheon, succeeding Dennis J. Picard.
Burnham, who joined AlliedSignal in 1982 as Vice President
and Controller, was President of its Aerospace sector from 1992
through 1997 and Vice Chairman since October 1997. "Dan has made
very substantial contributions to the success of AlliedSignal
during his 16 years with the company, particularly as he led
AlliedSignal Aerospace through some of its most trying and later
most successful times. We wish him only the best in his new
position," said Bossidy.
"At the same time, we are very lucky to have another world-
class leader in Fred Poses," said Bossidy. "His 29-year rise to
the top has been eminently well deserved. Fred's dynamic
leadership of the chemicals, fibers, plastics and advanced
materials businesses helped make them high-margin contributors of
net income to the company.
"Fred is a master at achieving substantial productivity
gains while at the same time growing the top line through new
product development, globalization and acquisitions," said
Bossidy. "His innate humanity has given him an outstanding
ability to connect with people, and his intellect and broad range
have enabled him to develop a superior business sense."
Bossidy said Poses was instrumental in the transformation of
the company's former Engineered Materials sector from a hodge-
podge of small regional commodity businesses into a concentrated
group of global growth businesses. Poses led the growth and
development of some of the company's most profitable and
promising businesses, including Specialty Chemicals, Electronic
Materials, Engineering Plastics and Specialty Films.
After serving two years on assignment with the Peace Corps
in Peru, Poses joined AlliedSignal in 1969 as a financial
analyst. He was named General Manager of the company's Home
Furnishings division in 1977. In 1979, he became Vice President
and General Manager of the Engineering Plastics division, and in
1986 he was named President of the Fibers division. From 1988 to
1997, he served as Executive Vice President of the corporation
and President of the Engineered Materials sector. He was elected
Vice Chairman and member of the Board of Directors in October
1997.
Poses has a bachelor's degree in business administration
from New York University. He serves on the Board of Directors of
the 92nd Street Y and is a member of the Board of Trustees of the
Riverdale Country School. He, his wife, Nancy, and their two
children reside in Manhattan.
Poses will oversee all of the company's aerospace
businesses, in addition to Electronic Materials, Truck Brake
Systems, Business Services, International and the company's
growth and productivity initiatives. Reporting to Bossidy will
be Polymers, Specialty Chemicals, Turbocharging Systems, and the
Automotive Products Group, as well as Law, Finance, Human
Resources and Communications.
AlliedSignal Inc. is an advanced technology and
manufacturing company serving customers worldwide with aerospace
and automotive products, chemicals, fibers, plastics and advanced
materials. Additional information on the company is available on
the World Wide Web at http://www.alliedsignal.com.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
AlliedSignal Inc.
(Registrant)
Date: June 17, 1998 By: /s/ Peter M. Kreindler
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Peter M. Kreindler
Senior Vice President
General Counsel and Secretary