financetom
Business
financetom
/
Business
/
Honeywell names insider Jim Currier CEO of aerospace unit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Honeywell names insider Jim Currier CEO of aerospace unit
Nov 3, 2025 5:12 AM

Nov 3 (Reuters) - Honeywell ( HON ) on Monday named Jim

Currier as president and CEO of its aerospace unit, which will

become an independent publicly traded company following its

planned spinoff.

Currier has held the same roles at Honeywell's ( HON ) aerospace

business since 2023 and has spent nearly two decades in senior

roles at the company.

Earlier this year, Honeywell ( HON ) decided to breakup its large

conglomerate structure to create three independent companies

focused on automation, aerospace and advanced materials. The

spinoffs are expected to be completed in 2026.

Its aerospace business has been pressured by higher costs

and tariffs, but has managed to keep pricing steady, a trend

expected to change next year.

The company has also shed some of its smaller units, to

focus on sprucing up its automation business, which has been a

drag on earnings lately.

The advanced materials unit, Solstice, began trading

independently on the Nasdaq on October 30.

In its most recent quarter, the company raised its 2025

profit forecast banking on robust aerospace demand.

The company on Monday named Craig Arnold as chairman of the

Honeywell Aerospace board. He will take up the role after the

spinoff, but will join the board effective immediately.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Amazon to cut about 14,000 corporate jobs
Amazon to cut about 14,000 corporate jobs
Oct 28, 2025
Oct 28 (Reuters) - Amazon ( AMZN ) said on Tuesday it will reduce its corporate workforce by about 14,000 roles, as the tech giant cuts down on operational layers to limit costs amid ballooning investments in artificial intelligence. The company had about 1.56 million full-time and part-time employees at the end of last year. Amazon's ( AMZN ) corporate...
Kremlin on U.S. sanctions against Russian oil: we offer competitive commodity
Kremlin on U.S. sanctions against Russian oil: we offer competitive commodity
Oct 28, 2025
MOSCOW, Oct 28 (Reuters) - Kremlin hears U.S. President Donald Trump's statements urging other countries to stop buying Russian oil, but Russia's partners will make their own decisions on whether to continue purchasing its energy products, Kremlin spokesman Dmitry Peskov said on Tuesday. Any country is interested in acquiring strategic commodities such as energy resources of the highest quality and...
Smithfield Foods quarterly sales, profit rise on steady demand for meat
Smithfield Foods quarterly sales, profit rise on steady demand for meat
Oct 28, 2025
(Reuters) -Smithfield Foods ( SFD ) posted a jump in third-quarter revenue and profit on Tuesday, as the U.S. pork processor benefited from resilient demand for higher-priced packaged meats and fresh pork.  The company, the biggest U.S. pork processor, has been working to rein in expenses amid a spike in raw material costs and cautious consumer spending. Strong results at...
WTO Chief calls for reform of consensus rule amid trade disruption
WTO Chief calls for reform of consensus rule amid trade disruption
Oct 28, 2025
(Reuters) -The head of the World Trade Organization (WTO) on Tuesday called for reforms of the 30-year-old institution, highlighting its consensus rule that requires unanimous agreement among members to secure global trade deals. We need to reform the system, we cannot be complacent, WTO Director-General Ngozi Okonjo-Iweala told the Future Investment Initiative conference in Riyadh.  We need to reform some...
Copyright 2023-2026 - www.financetom.com All Rights Reserved