Honeywell has announced several leadership appointments for Honeywell Aerospace, which is set to become an independent, publicly traded company after a planned spin-off in the second half of 2026. The new company will be based in Phoenix, Arizona and listed on Nasdaq under the ticker symbol “HONA.”
Josh Jepsen will join as Chief Financial Officer starting February 23. Jepsen is currently Senior Vice President & Chief Financial Officer at Deere & Company, where he oversees global accounting and finance and advises on key financial and strategic matters. He previously held senior roles in finance, investor relations, and accounting at Deere.
Bob Buddecke has been named President and CEO of Electronic Solutions. Buddecke has over 27 years of experience at Honeywell with leadership roles focused on operational excellence, supply chain performance, strategic growth, and innovation across businesses.
Dave Marinick will serve as President and CEO of Engines & Power Systems. Marinick brings more than 37 years of experience at Honeywell in business strategy, engineering leadership, and program management.
Rich DeGraff will take on the role of President and CEO of Control Systems. DeGraff’s career includes senior positions outside Honeywell as well as over 17 years within the company emphasizing customer engagement, profit-and-loss ownership, and business growth.
Buddecke, Marinick, and DeGraff will assume their new titles when the spin-off is completed. All three will report directly to Jim Currier, who was previously announced as President and CEO of Honeywell Aerospace in November 2025.
“These appointments position Honeywell Aerospace for long-term success as we advance toward launching an independent company that will play a vital role in the aerospace and defense industry,” said Jim Currier. “Each of these leaders brings the skill, operational experience and deep customer focus needed to execute our strategy and drive continued growth as a pure-play aerospace business of our scale.”
After becoming standalone, Honeywell Aerospace is expected to be one of the largest publicly listed pure-play aerospace suppliers with over $15 billion in sales reported for 2024. Its technologies are used on nearly every commercial and defense aircraft platform worldwide.
Honeywell first announced its intent to separate its Aerospace Technologies business on February 6, 2025. The process is anticipated to conclude by late 2026 pending regulatory approvals including filings with the U.S. Securities and Exchange Commission (SEC), confirmation that it remains tax-free for shareholders, other customary conditions such as board approval by Honeywell’s directors (https://www.honeywell.com/newsroom). This follows an earlier move: On October 8, 2024 Honeywell revealed plans to spin off its Advanced Materials segment—now Solstice Advanced Materials—which became an independent public company on October 30, 2025.
Honeywell operates globally across multiple industries through platforms like Honeywell Accelerator operating system and Honeywell Forge platform.
