HONEYWELL APPOINTS STEPHEN WILLIAMSON TO BOARD OF DIRECTORS
Rhea-AI Summary
Honeywell (NASDAQ: HON) has appointed Stephen Williamson, 58, to its Board of Directors as an independent Director and Audit Committee member, effective April 1, 2025. Williamson currently serves as Senior Vice President and Chief Financial Officer of Thermo Fisher Scientific, a position he has held since August 2015.
Williamson brings significant experience to Honeywell's board, having previously worked at the company in various finance positions, including Vice President and CFO for Asia Pacific. At Thermo Fisher Scientific, he oversees finance, tax, M&A, treasury, and global business services functions. His career began at Price Waterhouse in transaction support and audit practice.
The appointment aligns with Honeywell's focus on growth and innovation, with Chairman and CEO Vimal Kapur highlighting Williamson's extensive financial expertise, international business experience, and M&A background as valuable assets for the company's transformational objectives.
Positive
- Addition of experienced financial executive with extensive M&A expertise to the board
- Appointment brings valuable international business experience
- Director has previous experience with Honeywell operations
- Strengthens audit committee with relevant industry knowledge
Negative
- None.
Williamson was named Senior Vice President and Chief Financial Officer of Thermo Fisher Scientific in August 2015 and is responsible for the company's finance, tax, M&A, treasury and global business services functions. After joining Thermo Fisher Scientific in July 2001, he held a variety of finance leadership roles including Vice President of Financial Operations, leading the finance support function company-wide, and Vice President, European Financial Operations, overseeing integration activities across Europe.
Prior to working at Thermo Fisher Scientific, Williamson held various finance positions at Honeywell, including Vice President and Chief Financial Officer,
"We are delighted to welcome Stephen to our Board of Directors. He brings extensive financial expertise and significant international business experience," said Vimal Kapur, Chairman and Chief Executive Officer of Honeywell. "Stephen's broad industry knowledge and M&A experience will be invaluable to Honeywell as we pursue our transformational objectives and continue to drive growth and innovation globally."
Williamson holds a bachelor's degree in accounting and finance 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, as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
We describe many of the 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.
Contacts: | ||
Media | Investor Relations | |
Stacey Jones | Sean Meakim | |
(980) 378-6258 | (704) 627-6200 | |
View original content to download multimedia:https://www.prnewswire.com/news-releases/honeywell-appoints-stephen-williamson-to-board-of-directors-302416298.html
SOURCE Honeywell
FAQ
When will Stephen Williamson join Honeywell's (HON) Board of Directors?
What positions will Stephen Williamson hold at Honeywell (HON)?
What is Stephen Williamson's current role before joining HON's board?
What is Stephen Williamson's previous experience with Honeywell (HON)?
