Honeywell International has selected the top leaders for the advanced materials business that it plans to spin off within the next year.
The industrial conglomerate said Tuesday that David Sewell has been tapped for president and chief executive of the materials business, which is set to be renamed Solstice Advanced Materials when the spinoff closes in late 2025 or early 2026.
Sewell most recently served as CEO of WestRock until the company was acquired by Ireland's Smurfit Kappa last year. Previously, he also served as chief operating officer of Sherwin-Williams.
Joining Sewell in the C-suite will be Tina Pierce, who has been hired as chief financial officer starting May 1. The 25-year Honeywell veteran is currently the CFO of the company's industrial automation division.
Rajeev Gautam has been selected to serve as non-executive chairman of the board for the new company after the spinoff is completed. He spent more than four decades with Honeywell and was CEO of its performance materials and technologies business prior to his retirement in 2021.
Honeywell intends to promote Jeff Dormo and Simon Mawson, the current leaders of the advanced materials division's two business segments, to be the general managers of those segments after the spinoff is completed.
