Morris Township-based Honeywell announced Monday several leadership changes in its senior leaders, effective immediately.
According to the announcement, Roger Fradin was promoted to vice chairman of the company, a newly created position where he will be responsible for advancing Honeywell's merger and acquisition strategy. Fradin was previously president and CEO of ACS.
Andreas Kramvis was promoted to vice chairman where he will globally deploy HOS Gold, advance Honeywell's software initiative and drive High Growth Regions expansion. Since 2008, Kramvis was CEO of PMT.
Honeywell Process Solutions (HBS), with 2013 sales of $3.1 billion, moves from ACS to PMT, according to Honeywell's recent press release. The move, the company said, will provide Honeywell a better chance to leverage important customer and sales synergies, and build upon its global resources.
Alex Ismail was named president and CEO of ACS, which is comprised of HBS and the Energy, Safety, and Security (ESS) business. Ismail was previously president of the ESS business, a role, the company said, will not be replaced in ACS. Prior to ESS, he served as president and CEO of Honeywell Transportation Systems in Switzerland.
Darius Adamczyk was named president and CEO of PMT, which now includes HPS, UOP and Advanced Materials. Adamczyk was previously president of HPS and prior to that was president of Honeywell Scanning & Mobility, a business unit of ACS.
Tom Szlosek was named senior vice president and CFO. Szlosek was previously vice president of corporate finance and prior to that was vice president and CFO of ACS.
And Dave Anderson, senior vice president and CFO, will retire after a decade at Honeywell.
"Dave has played an integral role in the transformation of Honeywell with significant contributions to our improved financial and operating disciplines, reporting transparency, and credibility with investors. I truly appreciate all that Dave has done for our Company, our shareholders and our customers and wish him the best in his retirement endeavors," Dave Cote, Honeywell chairman and CEO, said in a prepared statement.