-- Directors bring compelling mix of aerospace and defense expertise, 
      leadership experience, and financial and capital markets backgrounds 
 
   -- Honeywell spin-off of Honeywell Aerospace expected to be completed on 
      June 29, 2026 
 
   -- Management will provide details on Honeywell Aerospace's value creation 
      and financial outlook at an Investor Day on June 3, 2026 

CHARLOTTE, N.C., April 28, 2026 /PRNewswire/ -- Honeywell $(HON)$ today announced the anticipated Board of Directors for Honeywell Aerospace, which will be one of the largest publicly listed pure-play aerospace and defense companies following its planned spin-off from Honeywell.

Craig Arnold will lead the 11-person Board as Independent Chair as previously announced. Jim Currier, President and CEO of Honeywell Aerospace, will join the Board alongside a distinguished group of directors who bring deep aerospace and defense expertise and complementary technology, financial, and capital markets backgrounds.

"Honeywell Aerospace's Board is purpose-built to provide the leadership, domain knowledge, and diverse perspectives that will benefit all of its stakeholders as it advances the industry toward greater electrification, autonomy, and safety," said Vimal Kapur, Chairman and CEO of Honeywell. "I am confident that Honeywell Aerospace is well-prepared to succeed as an independent company and to help shape the future of flight."

Jim Currier, President and CEO of Honeywell Aerospace, added, "With our innovation-driven growth strategy, scalable technology platform, and commitment to operational excellence, Honeywell Aerospace is poised to extend its leadership in attractive end markets -- while delivering value for our customers, employees, and shareowners. I look forward to working with Craig and the rest of the Board as we chart the next chapter for Honeywell Aerospace."

The appointments to the Board of Directors will be effective upon the planned spin-off of Honeywell Aerospace from Honeywell, which is expected to be completed on June 29, 2026, subject to final approval from the Honeywell Board of Directors and other customary conditions.

Biographical Information

Honeywell intends to appoint the following directors to the Honeywell Aerospace Board:

   -- Craig Arnold is expected to serve as the Independent Chairman of the 
      Board for Honeywell Aerospace as previously announced. He is the former 
      Chairman of the Board and Chief Executive Officer of Eaton Corporation, a 
      global intelligent power management company, and held a number of 
      leadership positions at Eaton prior to his appointment. He serves as Lead 
      Independent Director of the Board of Directors of Medtronic and as a 
      director on the boards of KKR and Procter & Gamble. He joined the board 
      of Honeywell International in 2025 and will continue to serve on its 
      board until his anticipated appointment to the Honeywell Aerospace Board 
      of Directors becomes effective. 
 
   -- Jim Currier is the Chief Executive Officer of Honeywell Aerospace. He has 
      served as the President and Chief Executive Officer of the Honeywell 
      Aerospace Technologies division since August 2023, and he previously 
      served as the President of the Electronic Solutions Strategic Business 
      Unit for Honeywell Aerospace. He has been with Honeywell International 
      for nearly 20 years, holding various leadership positions within the 
      aerospace business throughout his tenure. 
 
   -- Bill Ayer is the retired Chairman and Chief Executive Officer of Alaska 
      Air Group, Inc., the parent company of Alaska Airlines and its sister 
      carrier Horizon Air. An aviation veteran, he was with Alaska Air Group 
      for nearly two decades in various leadership positions across operations 
      and marketing. Previously, he was with Horizon Air for 13 years. He has 
      served on the board of Honeywell International since 2014 and will 
      continue to serve on its board until his anticipated appointment to the 
      Honeywell Aerospace Board of Directors becomes effective. 
 
   -- Scott Davis is the retired Chairman and Chief Executive Officer of United 
      Parcel Service, Inc. $(UPS)$. He was with UPS for 30 years, during which 
      time he held various leadership positions focused on finance and 
      accounting. Prior to joining UPS, he was Chief Executive Officer of II 
      Morrow Inc., a technology company and developer of general aviation and 
      marine navigation instruments. He has served on the board of Honeywell 
      International since 2005 and will continue to serve on its board until 
      his anticipated appointment to the Honeywell Aerospace Board of Directors 
      becomes effective. 
 
   -- David Denton is the Executive Vice President and Chief Financial Officer 
      of Pfizer, where he oversees all financial functions and compliance 
      programs relating to the company's relationships and engagement with 
      medical providers. He is an experienced public company Chief Financial 
      Officer, previously serving as the Chief Financial Officer of Lowe's 
      Companies, Inc., and earlier spent over two decades in various leadership 
      roles at CVS Health. 
 
   -- Pascal Desroches is the Senior Executive Vice President and Chief 
      Financial Officer of AT&T Inc., where he is responsible for the $125 
      billion company's financial planning, accounting, tax, auditing, treasury, 
      investor relations, and corporate real estate functions. He previously 
      held finance and administrative leadership roles with Turner Broadcasting 
      System and Time Warner. Earlier, he was a partner at KPMG and a 
      professional accounting fellow at the U.S. Securities and Exchange 
      Commission. Pascal currently serves on the Federal Reserve Bank of Dallas 
      Board of Directors, and previously served on the Board of Directors of 
      Davita Inc. $(DVA)$. 
 
   -- Deborah Flint is the President and Chief Executive Officer of the Greater 
      Toronto Airports Authority (GTAA). Prior to joining GTAA, she served as 
      Chief Executive Officer of Los Angeles World Airports for more than four 
      years where she led a $15 billion infrastructure transformation. She had 
      previously held senior roles at the Port of Oakland for 23 years. She has 
      served on the board of Honeywell International since 2019 and will 
      continue to serve on its board until her anticipated appointment to the 
      Honeywell Aerospace Board of Directors becomes effective. 
 
   -- General (Retired) David Goldfein served a 37-year career as a pilot in 
      the U.S. Air Force where he commanded at every level and finished his 
      career as the 21st Chief of Staff of the Air Force, the highest ranking 
      military officer. As a member of the Joint Chiefs of Staff, he was a key 
      military adviser to the President, the Secretary of Defense, and the 
      National Security Council. Currently, General Goldfein serves as a Senior 
      Advisor with Blackstone Investment Group, working across its businesses 
      and portfolio companies. He also serves as Chairman of the Google Public 
      Sector Board of Directors, and Chairman of the Board of the USO, a 
      non-profit focused on supporting our troops and their families. 
 
   -- Mark Reuss is the President of General Motors, where he leads the 
      company's global strategy to deliver one of the industry's broadest 
      product portfolios. He has been with General Motors for more than 40 
      years, holding a wide range of leadership roles across product 
      development, purchasing and supply chain, program management, engineering, 
      and regional management, where he has been instrumental in guiding the 
      development of several award--winning vehicles and leading the company's 
      transition toward electrification and autonomous technologies. 
 
   -- The Honorable Dr. Will Roper is the founder and Chief Executive Officer 
      of Istari Digital, where he is building new infrastructure for AI-native 
      engineering. He is also a Distinguished Professor of the Practice at 
      Georgia Tech's Sam Nunn School of International Affairs, an advisory 
      council member at the Georgia Tech Research Institute, and an advisor to 
      Insight Partners. Previously, he served as the 13th Senior Acquisition 
      Executive of the U.S. Air Force and Space Force, managing its $60 billion 
      annual portfolio for technology, procurement, and logistics. 
 
   -- Michelle Seitz is the founder and Chief Executive Officer of MeydenVest 
      Partners, a private investment and strategic advisory firm. Previously, 
      she served as the Chief Executive Officer and Chair of Russell 
      Investments, where she led the company through a period of growth and 
      profitability. Prior to that, she spent over two decades in leadership 
      roles at William Blair, including as Chief Executive Officer of William 
      Blair Investment Management. She currently serves on the boards of 
      MetLife, MSCI, Inc. and Sana Biotechnology, Inc. 

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Additional Information

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April 28, 2026 07:00 ET (11:00 GMT)