HONEYWELL ANNOUNCES CHIEF FINANCIAL OFFICER SUCCESSION
Honeywell (NASDAQ: HON) announced a CFO succession plan. Mike Stepniak, currently VP and CFO of Honeywell Aerospace Technologies, will succeed Greg Lewis as Senior VP and CFO after Q4 2024 results. Stepniak brings over 20 years of finance experience in industrial sectors. Lewis, CFO since 2018, will become Senior VP of Honeywell Accelerator and Senior Advisor to CEO Vimal Kapur.
Stepniak's background includes leadership in financial planning, corporate audit, and business transformation. He previously served as CFO of Honeywell Building Technologies. The transition is expected to be seamless, with no changes to Honeywell's performance or outlook. This move reflects the company's commitment to succession planning.
Honeywell (NASDAQ: HON) ha annunciato un piano di successione per il CFO. Mike Stepniak, attualmente VP e CFO di Honeywell Aerospace Technologies, succederà a Greg Lewis come Senior VP e CFO dopo i risultati del quarto trimestre del 2024. Stepniak porta con sé oltre 20 anni di esperienza nel settore finanziario, in particolare in settori industriali. Lewis, CFO dal 2018, diventerà Senior VP di Honeywell Accelerator e Senior Advisor del CEO Vimal Kapur.
Il background di Stepniak include ruoli di leadership nella pianificazione finanziaria, nell'audit aziendale e nella trasformazione aziendale. In precedenza, ha ricoperto il ruolo di CFO di Honeywell Building Technologies. Si prevede che la transizione avvenga senza problemi, senza modifiche alle prestazioni o alle prospettive di Honeywell. Questa mossa riflette l'impegno dell'azienda nella pianificazione della successione.
Honeywell (NASDAQ: HON) anunció un plan de sucesión para el CFO. Mike Stepniak, actualmente VP y CFO de Honeywell Aerospace Technologies, sucederá a Greg Lewis como Senior VP y CFO tras los resultados del cuarto trimestre de 2024. Stepniak aporta más de 20 años de experiencia financiera en sectores industriales. Lewis, CFO desde 2018, se convertirá en Senior VP de Honeywell Accelerator y Asesor Senior del CEO Vimal Kapur.
El historial de Stepniak incluye liderazgo en planificación financiera, auditoría corporativa y transformación empresarial. Anteriormente, fue CFO de Honeywell Building Technologies. Se espera que la transición sea fluida, sin cambios en el rendimiento o las perspectivas de Honeywell. Este movimiento refleja el compromiso de la empresa con la planificación de la sucesión.
하니웰(Honeywell)(NASDAQ: HON)은 CFO 후계 계획을 발표했습니다. 현재 하니웰 항공우주 기술 부서의 부사장 겸 CFO인 마이크 스텝니악(Mike Stepniak)이 2024년 4분기 결과 발표 후 그렉 루이스(Greg Lewis)를 수석 부사장 겸 CFO로 성공하게 됩니다. 스텝니악은 산업 분야에서 20년 이상의 재무 경험을 가지고 있습니다. 2018년부터 CFO였던 루이스는 하니웰 가속기 부문의 수석 부사장과 CEO 비말 카푸르(Vimal Kapur)의 수석 고문으로 임명됩니다.
스텝니악의 배경에는 재무 계획, 기업 감사 및 비즈니스 혁신에 대한 리더십이 포함됩니다. 그는 이전에 하니웰 빌딩 기술 부서의 CFO로 재직했습니다. 이번 전환은 하니웰의 성과나 전망에 변화 없이 매끄럽게 진행될 것으로 예상됩니다. 이 움직임은 후계 계획에 대한 회사의 약속을 반영합니다.
Honeywell (NASDAQ: HON) a annoncé un plan de succession pour le CFO. Mike Stepniak, actuellement VP et CFO de Honeywell Aerospace Technologies, succédera à Greg Lewis en tant que Senior VP et CFO après les résultats du quatrième trimestre 2024. Stepniak apporte plus de 20 ans d'expérience dans le domaine de la finance dans des secteurs industriels. Lewis, CFO depuis 2018, deviendra Senior VP de Honeywell Accelerator et Conseiller Senior du CEO Vimal Kapur.
Le parcours de Stepniak comprend des postes de direction dans la planification financière, l'audit d'entreprise et la transformation des affaires. Auparavant, il a été CFO de Honeywell Building Technologies. La transition devrait se faire sans accroc, sans changements dans la performance ou les perspectives de Honeywell. Ce mouvement reflète l'engagement de l'entreprise en matière de planification de la succession.
Honeywell (NASDAQ: HON) hat einen Nachfolgeplan für den CFO angekündigt. Mike Stepniak, derzeit VP und CFO von Honeywell Aerospace Technologies, wird nach den Ergebnissen des vierten Quartals 2024 Greg Lewis als Senior VP und CFO nachfolgen. Stepniak bringt mehr als 20 Jahre Erfahrung im Finanzwesen in industriellen Sektoren mit. Lewis, der seit 2018 CFO ist, wird Senior VP von Honeywell Accelerator und Senior Advisor des CEO Vimal Kapur.
Stepniaks Hintergrund umfasst Führungspositionen in der finanziellen Planung, Unternehmensprüfung und Geschäftstransformation. Zuvor war er CFO von Honeywell Building Technologies. Der Übergang wird voraussichtlich nahtlos verlaufen, ohne Änderungen an der Leistung oder den Perspektiven von Honeywell. Dieser Schritt spiegelt das Engagement des Unternehmens für Nachfolgeplanung wider.
- Smooth CFO transition with internal candidate ensures continuity
- New CFO brings over 20 years of finance experience in industrial sectors
- No expected changes to company performance or outlook due to transition
- None.
Stepniak brings over two decades of deep finance experience -- across financial planning and analysis, corporate audit, business transformation and operations in the industrial sector. His background includes leading global finance, controllership and finance excellence. In addition to his current role in Aerospace Technologies, Stepniak previously served as CFO of Honeywell Building Technologies. In the coming months, Stepniak will work closely with Lewis and others across the leadership team to facilitate a seamless transition.
"We're extremely excited about Mike adding his deep experience in finance and operations to our leadership team. He brings a strong track record of driving profitable growth across numerous industrial and technology businesses during multiple market and economic cycles. Mike has an extensive understanding of our business, customers and shareholders that positions him well to lead our global finance organization and makes him the right leader to help us advance our capital deployment commitment and further accelerate growth," said Vimal Kapur, Chairman and CEO of Honeywell.
"I also want to take the opportunity to thank Greg for his partnership and significant contributions as CFO and as a champion of Honeywell's foundational principles and digital transformation," Kapur continued. "Greg has played an instrumental role in leading our business during his time as Honeywell CFO – helping us create compelling value for shareholders, align our portfolio to focus on three powerful megatrends and set a course for sustained future growth."
"I am proud of the transformation we have driven over my tenure at Honeywell, particularly these past eight years, and confident the company will continue progressing the strategy that Vimal and our team have laid out," said Lewis. "Mike has been instrumental in driving commercial expansion and innovation in our business, and I am confident that his strong financial acumen, combined with his passion for operational excellence, will enable a seamless transition as we continue to deliver value for shareholders."
Honeywell does not expect any changes to its performance or outlook as a result of the transition, which reflects the Board and leadership's commitment to ongoing succession planning.
Mike Stepniak
Mike Stepniak is an experienced global finance leader with a track record of driving financial performance, international growth and business development in the industrial industry. He joined Honeywell in 2020 and currently serves as Vice President and Chief Financial Officer of Honeywell Aerospace Technologies where he leads global finance, controllership and finance excellence, serving as a key member of the Aerospace Leadership Team. Stepniak was previously CFO for Honeywell Building Technologies.
Prior to joining Honeywell, Stepniak spent nearly 20 years with General Electric (GE) and Baker Hughes, progressing through various global finance leadership roles. He most recently served as CFO of the Oilfield Equipment division at Baker Hughes international, a GE company. Stepniak started his career in the Financial Management and Corporate Audit programs at GE.
Stepniak holds an MBA in international business from the University of
About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
We describe certain trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors, many of which are difficult to predict and outside of our control. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as lower GDP growth or recession, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.
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