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Honeywell Reports Board of Directors for Aerospace Division

In an exciting development for the aerospace and defense industry, Honeywell (NASDAQ: HON) has unveiled the Board of Directors for its upcoming spin-off, Honeywell Aerospace, set to become one of the largest publicly traded firms in this sector. Led by Craig Arnold, who will serve as the Independent Chairman, the board comprises seasoned professionals with extensive expertise in aerospace, defense, and finance.

As emphasized by Vimal Kapur, Honeywell's Chairman and CEO, this newly formed board is dedicated to propelling innovation and operational excellence within Honeywell Aerospace. The anticipated official separation from Honeywell is projected for June 29, 2026, and management plans to discuss the financial outlook and strategies at an upcoming Investor Day on June 3, 2026.

Strong Leadership Team

The Board includes prominent figures such as Jim Currier, the current CEO of Honeywell Aerospace, who brings nearly two decades of experience to the post, having held various leadership roles throughout his tenure at Honeywell. This lineup aligns perfectly with Honeywell's strategic goals, including a strong commitment to electrification and safety in aviation.

Craig Arnold, noted for his past role as CEO of Eaton Corporation, will steer the board's efforts by drawing on rich experiences at firms like Medtronic and Procter & Gamble. His leadership is expected to guide the company toward its objectives in a highly competitive market.

Other notable board members include:

• - Bill Ayer, former CEO of Alaska Air Group, who has made significant contributions to operational strategies in the aviation field.
• - Scott Davis, ex-CEO of UPS, whose extensive financial background will bolster Honeywell Aerospace’s financial governance.
• - David Denton, CFO of Pfizer, noted for his financial acumen in public company structuring.
• - Pascal Desroches, CFO of ATT, who offers insights into financial planning for large-scale corporations.
• - General (Ret.) David Goldfein, providing a wealth of military experience that can contribute to defense sector perspectives.
• - Mark Reuss, President of General Motors, whose automotive experience brings additional insight into the technology that influences aerospace innovations.
• - Dr. Will Roper, founder of Istari Digital, known for his work in AI infrastructure, enriching the board with technology expertise.
• - Michelle Seitz, former CEO and Chair of Russell Investments, contributing robust investment strategy and financial success perspectives.

Future of Honeywell Aerospace

With a freshly appointed board composed of leaders from diverse fields, Honeywell Aerospace stands ready to face the challenges of the modern aviation landscape. As the industry pushes towards greater sustainability and technological advancements, the new board aims to leverage their expertise to drive innovation while ensuring stakeholder confidence.

As Honeywell transitions to this new structure, the focus will be on not only maintaining established markets but also exploring emerging trends in aerospace technology. The forthcoming period is seen as a pivotal time for both Honeywell and its Aerospace division, enabling Agile responses to the fast-evolving industry needs.

Stay tuned for updates as Honeywell reveals more on its vision for the future of aerospace, aiming to not only adapt but lead in this changing environment.