Honeywell Names New Leader for Aerospace Business Group and a new Chief Commercial Officer

Honeywell Names New Leader for Aerospace Business Group and a new Chief Commercial Officer
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(October 2019) Honeywell Names Mike Madsen To Lead Aerospace Business Group, Tim Mahoney To Drive Enterprise Transformation, Jeff Kimbell Joins Company As Chief Commercial Officer

Honeywell (NYSE: HON) announced that Mike Madsen, an executive with more than three decades of leadership experience within its Aerospace strategic business group, has been named President and CEO of Honeywell Aerospace, effective immediately. Madsen, 56, succeeds Tim Mahoney, who held the role for the past 10 years and has been named Senior Vice President, Enterprise Transformation. In his new position, Mahoney, 63, will have broad responsibilities for Honeywell Digital, the company's global, cross-functional digitization initiative that is driving improvements in customer service and efficiency.

Madsen and Mahoney will work closely over the coming weeks to ensure a smooth transition of responsibilities. Both will serve as company officers, reporting to Chairman and CEO Darius Adamczyk and based in Phoenix, Ariz.

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