Honeywell has announced that Jim Currier will become President and Chief Executive Officer of Honeywell Aerospace, which is set to become an independent, publicly traded company after a planned spin-off expected in the second half of 2026. The company also named Craig Arnold as Chairman of the Board for Honeywell Aerospace.
Craig Arnold will serve as non-executive Board Chair once the spin-off is completed. Until then, he will join Honeywell’s Board of Directors immediately.
Following its separation from Honeywell, Honeywell Aerospace is projected to be one of the largest publicly listed aerospace suppliers, with over $15 billion in sales reported for 2024. The new company will have its headquarters in Phoenix, Arizona and hold significant positions in propulsion systems, cockpit and navigation technologies, and auxiliary power units used across commercial and defense aircraft worldwide.
Vimal Kapur, Chairman and CEO of Honeywell, stated: “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. 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.”
Jim Currier has led the Honeywell Aerospace Technologies business since 2023. His previous roles at Honeywell include President of Electronic Solutions, President of Aftermarket operations across Europe, Middle East, Africa and India, as well as 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 from senior positions at industrial firms including Eaton Corporation—where he was Chairman and CEO—and General Electric. He currently serves on Medtronic’s board as lead director.
“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.
The decision to separate the Aerospace Technologies business was first announced by Honeywell on February 6, 2025. The process remains subject to regulatory approvals including filings with the U.S. Securities and Exchange Commission (SEC), confirmation regarding tax-free status for shareholders, other customary conditions such as final approval by the board of directors. This move follows an earlier spin-off: on October 8, 2024 Honeywell revealed plans to separate its Advanced Materials division—which became Solstice Advanced Materials—now operating independently since October 30, 2025.
Honeywell operates globally across various industries using platforms like the Honeywell Accelerator system and Honeywell Forge. Its portfolio covers sectors such as aerospace technology solutions alongside building automation systems; process automation; industrial automation; process technology—all aimed at addressing complex challenges related to safety sustainability security worldwide.
