Honeywell International Inc. (NYSE: HON) announced Thursday the company named the chairman and CEO of electric company Consolidated Edison Inc. (NYSE: ED) to its board, according to Associated Press.
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Kevin Burke, 59, will serve on the audit and retirement plans committees of the Honeywell board, according to the company.
Burke joined Con Edison in 1973 and has held positions in planning, engineering, law and other areas. He was named president and CEO in 2005 and elected chairman in 2006.
The shares rose 78 cents, or 2 percent, to $41.21 at Thursday’s close.
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