Honeywell announced the appointment of Jim Currier as President and Chief Executive Officer of Honeywell Aerospace, which will become an independent, publicly traded company following its planned spin-off expected to be completed in the second half of 2026. Honeywell also announced that Craig Arnold has been selected to serve as Chairman of the Honeywell Aerospace Board of Directors.

Arnold will assume his role as non-executive Board Chair upon the completion of Honeywell Aerospace's planned spin-off from Honeywell. In the interim, he will serve on Honeywell's Board of Directors effective immediately.

As a standalone company, Honeywell Aerospace will be one of the largest publicly listed pure-play aerospace suppliers, with more than $15 billion in 2024 sales1. With leading positions in propulsion, cockpit and navigation systems and auxiliary power, Honeywell Aerospace's technology is featured on virtually every commercial and defense aircraft platform worldwide, making it uniquely positioned to capitalize on long-term growth trends. The independent company will be headquartered in Phoenix, Arizona.

"Together, Jim and Craig bring extensive leadership experience and complementary industry expertise across aerospace and industrial operations that make them the ideal fit to lead Honeywell Aerospace in this new chapter," said Vimal Kapur, Chairman and CEO of Honeywell.

Currier has served as the President and CEO of the Honeywell Aerospace Technologies business since 2023. Previously, he spent nearly two decades in senior roles across the globe at Honeywell, including as President of the Electronic Solutions business, President of the company's Aftermarket organization across Europe, Middle East, Africa and India, and Vice President of Airlines, North America. Under his leadership, the Aerospace Technologies business has strengthened its position as a leading aerospace and defense supplier.

Arnold brings more than two decades of experience in senior leadership roles at industrial and technology businesses. Most recently, he served as Chairman and CEO of Eaton Corporation, where he drove the global intelligent power management company's transformation through operational excellence, a strong corporate culture and disciplined capital allocation. He previously spent more than two decades at General Electric where he held international leadership roles across multiple businesses. He currently serves as lead director on the board of directors at Medtronic.