Honeywell continues reshaping its leadership team, and now the aerospace division gains a seasoned financial strategist. Joshua Jepsen, long known for steering Deere & Co.’s financial direction, prepares to take on the chief financial officer role at Honeywell Aerospace.
As a result, this move signals a pivotal moment for both companies.
Jepsen plans to step away from Deere in mid-February, closing a career that began more than two decades ago. He joined the company in 1999 as an intern. Over time, he climbed through auditing, accounting, and investor relations. Eventually, that steady rise led to the top finance role. Meanwhile, Deere named Ryan Campbell as interim CFO while the company searches for a permanent successor.
Why Honeywell Made This Move Now
Honeywell confirmed that Jepsen will officially start on February 23. At the same time, the aerospace unit faces rising production costs and mounting tariff pressure. Therefore, leadership clearly wants experienced financial oversight during a demanding period.
Honeywell Aerospace also prepares for a major transition. Later this year, the unit plans to spin off as a standalone public company. Because of that shift, leadership experience matters more than ever.
The leadership changes include Joshua Jepsen stepping in to lead aerospace finance, the appointment of new executives to oversee engines, power systems, and control systems, and Jim Currier continuing in his role as president and CEO of the aerospace unit.
Earlier restructuring plans already split Honeywell into three focused businesses: automation, aerospace, and advanced materials. Now, Jepsen’s appointment adds momentum. As the spinoff nears, his deep financial background positions the aerospace unit for stability, clarity, and confident execution.
