Honeywell Strengthens Board with Appointment of Marc Steinberg as Independent Director

Honeywell Welcomes Marc Steinberg to the Board of Directors

On May 28, 2025, Honeywell International Inc. (NASDAQ: HON) revealed a significant addition to its Board of Directors, appointing Marc Steinberg, a distinguished Partner at Elliott Investment Management, L.P. This decision, effective May 31, 2025, marks a strategic move for Honeywell as the company gears up for exciting phases of transformation.

Who is Marc Steinberg?

Marc Steinberg is not just a name; he embodies extensive experience in public and private equity investments, particularly in the industrial sector. With his professional journey beginning at Centerview Partners, Steinberg's expertise covers vital areas such as capital markets, corporate finance, investor relations, mergers, acquisitions, and capital allocation. Since joining Elliott in 2015, he has been instrumental in steering investments across various industries, which complements Honeywell's diverse operational landscape.

A Message from Leadership

Vimal Kapur, Honeywell's Chairman and CEO, expressed enthusiasm regarding Steinberg's appointment. He stated, “We welcome Marc's valuable perspectives and collaboration, which will complement the experience of our current board. I greatly appreciate the constructive insights that Marc has shared with Honeywell over the past months and recognize a shared vision for the opportunity ahead.” This collaborative spirit aims not only to unify the team's expertise but also to propel the company's goals aligned with its ongoing initiatives.

Vision for the Future

Steinberg’s outlook on Honeywell resonates optimism and aspiration. He remarked, “Honeywell is among the world's most important industrial companies. As one of its largest investors, we welcome the opportunity to partner with Vimal and the Board as Honeywell executes a separation into three independent, industry-leading companies.” This forthcoming transition promises to unlock significant opportunities, paving the way for operational enhancements that will ultimately provide substantial value for shareholders.

Board Experience

In addition to his new role at Honeywell, Steinberg’s board credentials are noteworthy. He currently serves on the boards of Etsy, Inc. and Pinterest, Inc., as well as two private enterprises, including Syneos Health and Nielsen Holdings, plc. His educational background is equally impressive, holding an A.B. from Harvard College, where he graduated magna cum laude and Phi Beta Kappa.

Honeywell's Strategic Direction

Honeywell stands as an influential integrated operating company, driven to innovate across varied industries globally. The company's strategic alignment focuses on automation, the future of aviation, and energy transitions, all bolstered by initiatives like the Honeywell Accelerator operating system and Honeywell Forge IoT platform. This progressive approach is integral to addressing some of the world’s toughest challenges through actionable solutions and advanced innovations.

As Honeywell embarks on this transformative journey with new board leadership, the future looks bright, with expectations of meaningful operational enhancements and significant value creation for its stakeholders. ### Conclusion
In conclusion, the appointment of Marc Steinberg to Honeywell's Board of Directors signifies not only a blend of experienced insights but also a forward-thinking approach towards an evolving industrial landscape. As the company further refines its strategy and operations, stakeholders can anticipate a journey marked by agility, innovation, and substantial growth.

For further information and updates on Honeywell’s initiatives, please visit Honeywell Newsroom.