Honeywell has introduced the executives who will lead Honeywell Aerospace as it transforms into an independent, publicly traded company providing mission-critical systems to commercial and defense customers.
Honeywell said Tuesday that Josh Jepsen, an executive at Deere & Co., will join Honeywell Aerospace as chief financial officer in February. Meanwhile, Bob Buddecke, Dave Marinick and Rich DeGraff were appointed to lead the spinoff company’s business units: Electronic Solutions, Engines & Power Systems, and Control Systems.
They will all report to Jim Currier, previously announced as the president and CEO of Honeywell Aerospace.
“Each of these leaders brings the skill, operational experience and deep customer focus needed to execute our strategy and drive continued growth as a pure-play aerospace business of our scale,” Currier stated.
Who Is Josh Jepsen?
Jepsen has spent over 20 years in leadership roles at agricultural and forestry equipment manufacturer Deere & Co. He joined the company in 1999 as an intern at its engine factory in Torreon, Mexico.
In 2022, he was appointed to his current position of senior vice president and CFO, advising the company’s leadership team on financial and strategic matters and overseeing accounting and finance functions.
He holds a bachelor’s degree in accounting and Spanish from the University of Northern Iowa and a master’s degree in business administration from the University of Michigan – Stephen M. Ross School of Business.
Who Will Lead Honeywell Aerospace’s Business Units?
Buddecke, a 20-year Honeywell veteran, was named president and CEO of the Electronic Solutions business unit, which will offer customers electromagnetic defense and high-performance space technologies and integrated avionics, navigation, and sensors.
DeGraff, a former Salesforce executive who has also spent over 16 years of his career at Honeywell, will oversee the new Control Systems business unit as president and CEO. Control Systems will provide thermal and motion control technologies that are critical to enable a safe flight.
Marinick, who has been with Honeywell for over 37 years, will serve as president and CEO of the Engines & Power Systems business unit. Engines & Power Systems will deliver propulsion, auxiliary power and electric power technologies to customers.
Honeywell Aerospace is expected to separate from Honeywell in the second half of 2026.
