Bo Andersen Email and Phone Number

2-2003-2-2014: Vice President Business Development, Honeywell ($40B) ACS ($17B), Golden Valley (Minneapolis), MNCreated one of the most successful M&A programs in Corporate America during the past 11 years.Results widely commended by analysts and investment banks: Grew Honeywell International by 20%+ = $7.4B via 56 transactionsResults:- 56 acquisitions closed growing Honeywell by over 20% with margin accretion- Created three major new business units totaling $4B and entered 7 new adjacencies- Transactions in 20 countries; Europe #1 deal pole- Established current corporate strategic planning standards and –process in ’03 - 24 divestitures = $1.8B parsing out non-core pieces of acquisitions- Board member Convergint JV https://www.convergint.com for 5 years driving $70MM exit gain- Mentored Honeywell’s two other major divisions to develop their M&A programs - Awarded Honeywell’s highest performance award: 2010 Chairman’s Award Competencies- Detailed working knowledge of commercial and technical aspects of: - Continuous/discrete process automation - Security products (intrusion, access, CCTV, biometrics) - Fire detection - Personal protection equipment - AIDC - Sensors - Building automation/system integration - Grid automation - Data and radio communications- Comprehensive operating, commercial and technology experience base- Extensive global experience - Strong people skills both transaction-related and building a strong, results-oriented team culture with regard for people- Highly culturally attuned and fluent in English, German, Danish; some French- 47 International trips completed past 5 years - Strong involvement in and financial accountability for the year 1 integration process - Solid track record over-delivering on deal commitments while respecting cultures and operating models - Strong written and live presentation skills to Board, Chairman, CEO, business unit, and conference audiences

8-1994 - 2-2003: General Electric Corporation, ConnecticutCareer progression spanning marketing, financial and general management in $4.5B business.Key accomplishments: Introducing automation offering to drive differentiation and economic sales model in $4.5B SBG.Creating State Of The Art pricing function.Invigoration of control components business with NPI and ODM, Source & Sell.GE-Honeywell integration management and business development for $2B business unit.10-2000 – 1-2003: Business Development Manager, GE Industrial Systems ($4.5B)- Integration executive tasked with $800MM division into GE- Significant SBU sales and cost synergy creation- Definition of new SBU organization structure and staffing - M&A strategy, structured targeting/diligence processes for two $1B GE businesses 10-1999 – 10-2000: GM Business Leader, Industrial Control Components  - Ran $150MM high-CM business - Unionized plant - Product line ODM redesigns and outsourcing - NPI new product execution - Numerous sourced product Web Auctions…30%+ productivity- Offered global $300MM Components business before leaving GE  4-1998 – 10-1999: Pricing Manager, GE Industrial Systems  - Responsibility for contracts, distributor pricing for $1B business- Pioneering work with data warehousing, price waterfall to capture $20MM+ = 5% annual net price gains - Generated price realization 2X better than industry - Growth strategies for GE international poles driving 40%+ growth - Management of project pricing in a call center-like, 10,000+ transactions/year environment 4-1995 - 4-1998: Sales & Marketing Manager, Systems  - Creation of new system business; $50MM solution sales- Featured in ‘96, ‘97 GE annual reports- Project ownership for NPI projects totaling $10MM+8-1994 - 4-1995: Product Manager, Systems  - Extensive experience invigorating mature businesses with new products and services- Directed $14MM new product development programs

1992-1994: Program Manager Network Services, Honeywell Industrial Automation and Control, Phoenix, AZ - Creation of $20MM+ Honeywell industrial network service/integration business- Allied Data, network design firm acquisition… $20MM revenue base- Management of mission critical remote network monitoring center  1992-1994: Principal Systems Engineer, Honeywell Industrial Automation and Control, Phoenix, AZ  - Development work on flagship industrial automation system product line for $2B business

7-1990-10-1990: McKinsey & Co., Associate, Copenhagen, Denmark  - Strategic management consulting…Industry analysis, valuation, acquisitions- 10 Scandinavian consumer goods companies ID’ed and targeted for client’s industry consolidation strategy- 5 of the 10 companies successfully acquired by client and consolidated

1985-1989: Owner, JH Systems, Copenhagen, Denmark  - Founded and subsequently sold small retail/inventory/order management software company