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Honeywell replaces aerospace unit CEO, appoints chief commercial officer

Honeywell International Inc. appointed Mike Madsen as president and CEO of Honeywell Aerospace, effective immediately.

Madsen replaces Tim Mahoney, who has been in the position for the last decade and is transitioning to senior vice president for enterprise transformation.

Madsen most recently was vice president of integrated supply chain at Honeywell Aerospace.

Honeywell also appointed Jeff Kimbell senior vice president and chief commercial officer. Kimbell recently was a partner in the transformation practice at McKinsey & Co. Inc.