Honeywell Announces Alessandro Gili As CFO For Transportation Systems Spin-Off

Honeywell Announces Alessandro Gili As CFO For Transportation Systems Spin-Off

Gili will join the Transportation Systems leadership team as it prepares to spin into a standalone, publicly traded company by the end of the third quarter.

Honeywell has announced Alessandro Gili has been named chief financial officer for its Transportation Systems business, a position he previously held with luxury performance sports car maker Ferrari since 2015. Gili will join the Transportation Systems leadership team on June 1, as it prepares to spin into a standalone, publicly traded company by the end of the third quarter.

“Alessandro is a proven leader and performance-driven strategist with a successful track record in the automotive industry for nearly 20 years,” said Olivier Rabiller, Honeywell Transportation Systems President and CEO. “His considerable experience – which includes the management and completion of the IPO and spinoff of the Ferrari Group from FCA in 2015-’16 – will help guide our turbo and developing businesses as a newly independent company. Alessandro is a key addition to our leadership team as we develop our business and differentiated technologies supporting the growth of the automotive industry.”

Prior to Gili’s current role, he served as vice president, corporate controller and chief accounting officer for Fiat Chrysler Automobiles (FCA) from 2011 to 2015. Prior to that, he held multiple positions with Fiat, FCA US and FCA, including group chief accounting officer and principal accounting officer, and vice president of world class finance and processes. He began his career at FCA in 2002 as an account executive for Fiat Auto. Earlier in his career, Gili worked with financial consulting firms KeyG Consulting and Irma Consultants in Italy after beginning his career as an auditor with Coopers & Lybrand in 1994.

“I am grateful for the opportunity to move from one iconic company to another, and to contribute to defining our role as a global automotive technology leader at such an important time in the history of the company and our industry,” said Gili. “This is a talented organization with a very bright future.”

On Oct. 10, 2017, Honeywell announced its intention to spin its Transportation Systems business, as well as its Honeywell Homes product portfolio and ADI global distribution business into two standalone, publicly traded companies. The planned Transportation Systems spin is expected to be completed by the end of the third quarter of 2018. The planned Homes spin is expected to be completed by the end of 2018.

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