Honeywell Announces Senior Leadership Changes - aftermarketNews

Honeywell Announces Senior Leadership Changes

Alex Ismail is named president, energy, safety and security, Automation and Control Solutions; Terrence Hahn (pictured) to succeed Ismail as president and CEO, Transportation Systems. Tom Szlosek named vice president, corporate finance.

MORRIS TOWNSHIP, N.J. – Honeywell has announced several senior leadership changes this week, reflecting its continued evolution toward global growth and development of leadership. Terrence Hahn
“Honeywell is in an enviable position to capitalize on the strength and experience of a highly capable leadership team to support the further development of our organization,” said Chairman and CEO Dave Cote. “These changes will have a positive impact on our long-term plans for continued profitable growth, greater productivity and geographic expansion.”
Alex Ismail, president and CEO, Transportation Systems (TS), will become president, Energy, Safety and Security (ESS), a newly-created leadership position, which includes five businesses – Environmental and Combustion Controls, Life Safety, Security Group, Scanning & Mobility, and Sensing and Control – within Automation and Control Solutions (ACS), which represents $8 billion or approximately 50 percent of total 2012 ACS sales. Ismail will report to Roger Fradin, president and CEO of ACS, and will remain an executive officer of the company. Building Solutions and Process Solutions will continue to report directly to Fradin. Ismail will transition from TS to ACS over the next six weeks, with his official start date in ACS on May 20.
Terrence Hahn, who currently serves as vice president and general manager, Fluorine Products within Performance Materials and Technologies (PMT), will succeed Ismail as president and CEO, Transportation Systems. Hahn will report to chairman and CEO Dave Cote and will become an executive officer of Honeywell. He will transition from PMT to TS over the next six weeks and his official start date in TS is May 20.
Tom Szlosek has been named vice president, corporate finance, reporting to Dave Anderson, senior vice president and CFO. Szlosek also becomes an officer of the company and will have responsibility for treasury, tax, investor relations, audit, business analysis and planning, and finance operations (functional transformation). Greg Lewis succeeds Szlosek as vice president and CFO of ACS. He most recently served as vice president and CFO for Process Solutions within ACS. Szlosek will continue as Honeywell’s CFO with direct responsibility for the global finance function of the company and the strategic business groups (SBGs), controllership, corporate development, pension and real estate.
“These senior leadership changes are terrific examples of our ongoing commitment to evolving as a company, which includes the development of our leaders by presenting them with new and challenging growth opportunities,” said Cote. “Each of the leaders has a strong track record of global leadership, robust business performance and championing change at Honeywell. We look forward to their continued contribution in their new roles.
“Honeywell is on a terrific path forward,” he continued. “Our relentless focus on execution and results has delivered a performance track record that has benefited our employees, customers and shareowners. The executive moves announced today are a step forward and another example of how the best is yet to come for Honeywell.”

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