WASHINGTON (Jan. 6, 2004)–Michael R. Bonsignore, retired chairman and CEO of Honeywell, and George Muñoz, principal and co-founder of Muñoz Investment Banking Group LLC, have been elected to the National Geographic Society’s board of trustees. They join 20 other trustees who are leaders in science, education, law, business, finance, government and public service.
The 116-year-old Society, one of the largest nonprofit scientific and educational organizations in the world, reaches more than 250 million people each month through its five magazines, the National Geographic Channel, books, films, videos, maps and interactive media. The Society has funded more than 7,000 scientific research projects and supports an education program combating geographic illiteracy.
“National Geographic is fortunate to have the additional counsel and experience of Mr. Bonsignore and Mr. Muñoz, both of whom have long and impressive records of leadership and service in the business and finance fields in the United States and internationally,” said John Fahey, president and CEO of the Society.
Bonsignore, 62, retired from Honeywell, the $24 billion diversified manufacturing and aerospace company, in 2001. He joined Honeywell in 1969 and held various leadership positions, including president of international operations in 100 countries, executive vice president and chief operating officer. In April 1993 he became chairman and CEO. When Honeywell and AlliedSignal Inc. merged in December 1999, Bonsignore became CEO of the combined entity; he assumed the title of chairman in April 2002.
Throughout his career, Bonsignore was active in international policy formulation and community service. In 2000 he served as chairman of the U.S.-China Business Council, where he led the successful effort to secure permanent normal trade relations with China. He also was a member of the Trade and Investment Advisory Board to the U.S. Trade Representative and a member of the U.S.-Russian Business Council.
Bonsignore is a director of Medtronic and the Mission Research Corporation and is also a member of the National Geographic Society Council of Advisors. A graduate of the U.S. Naval Academy and Texas A&M University, he is an avid collector of Northwest Coast Indian art and owns the Stonington Art Gallery in Seattle. He divides his time among Seattle, New York and Santa Barbara, Calif.
Muñoz, 52, is an internationally recognized leader in law, business and finance. Prior to cofounding the Muñoz Investment Banking Group LLC, he was president and CEO of the Overseas Private Investment Corporation from 1997 to 2001, overseeing an $18 billion portfolio of private equity in the emerging markets.
From 1993 to 1997 he was chief financial officer and assistant secretary for management of the U.S. Treasury Department. His responsibilities included supervising the development and implementation of the department’s $10 billion budget, as well as presenting and defending the budget in Congress, and overseeing management policy issues regarding the Treasury’s bureaus, including the IRS, U.S. Customs, ATF, Secret Service and U.S. Mint.
Muñoz also has an extensive background in law. He was an associate and tax partner in the Chicago firm of Mayer, Brown & Platt from 1980 to 1989 and is a current partner in the Chicago law firm of Tobin, Petkus & Muñoz.
He was president of the Chicago Board of Education for three years in the mid-80s. He holds a J.D. from Harvard Law School, a master’s degree in public policy from Harvard’s Kennedy School of Government, a Master of Laws and Taxation from DePaul University and a Bachelor of Business Administration from the University of Texas at Austin.
Muñoz lives in Arlington, Va.