Honeywell has announced the appointment of Jim Currier as President and Chief Executive Officer of Honeywell Aerospace, which is set to become an independent, publicly traded company after its planned spin-off expected in the second half of 2026. Craig Arnold has also been selected to serve as Chairman of the Honeywell Aerospace Board of Directors.
Arnold will take on his role as non-executive Board Chair when the spin-off from Honeywell is completed. In the meantime, he will join Honeywell’s Board of Directors effective immediately.
Once separated, Honeywell Aerospace will rank among the largest publicly listed aerospace suppliers, with over $15 billion in sales reported for 2024. The company holds significant positions in propulsion, cockpit and navigation systems, and auxiliary power technologies. Its products are used on almost every commercial and defense aircraft platform globally. The new headquarters will be located 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. “As a pure-play aerospace supplier with a highly focused leadership team, Honeywell Aerospace will not only have greater flexibility to advance innovative new technologies but also to sharpen its strategic focus and optimize capital allocation as it delivers for stakeholders while continuing to shape the future of aviation.”
Currier has led Honeywell Aerospace Technologies since 2023. He previously held several senior roles at Honeywell over nearly two decades, including President of Electronic Solutions, President of Aftermarket organization across Europe, Middle East, Africa and India, and Vice President for Airlines in North America.
“As a Honeywell veteran, Jim’s unmatched knowledge of our aerospace and defense business, our global customer base and our vast supply chain make him exceptionally well-suited to drive Honeywell Aerospace’s accelerated growth while unlocking further scale and efficiency,” added Kapur.
Craig Arnold brings more than twenty years’ experience in industrial and technology companies. Most recently he was Chairman and CEO at Eaton Corporation where he oversaw significant transformation efforts. Before that he spent over two decades at General Electric in international leadership roles across various businesses. Arnold is currently lead director on Medtronic Inc.’s board.
“Craig is a proven leader with a deep track record of delivering transformational results and driving continuous improvement that will enable him to provide strong strategic and governance oversight as Honeywell Aerospace evolves its business,” concluded Kapur.
On February 6, 2025, Honeywell announced plans for a full separation of its Aerospace Technologies business. The process is expected to conclude in late 2026 pending regulatory approvals including SEC filings such as Form 10 registration statement, tax confirmations for shareholders’ benefit regarding tax-free status, customary regulatory clearances, other necessary approvals, and final sign-off by Honeywell’s board. This move follows an earlier decision on October 8, 2024 to spin off its Advanced Materials division—now Solstice Advanced Materials—which became an independent public company on October 30, 2025.
Honeywell operates worldwide across multiple sectors including aerospace technology solutions for both commercial aviation markets www.honeywell.com/newsroom.
Forward-looking statements included outline potential risks associated with completing these transactions within anticipated timeframes or achieving their intended benefits due to market volatility or regulatory factors.
