Honeywell's Trading Volume Surges 39.18% to 11.22 Billion, Ranks 60th in Market

On March 26, 2025, Honeywell's trading volume reached 11.22 billion, marking a 39.18% increase from the previous day, ranking 60th in the day's stock market. Honeywell (HON) rose by 0.47%, marking three consecutive days of gains, with a total increase of 1.43% over the past three days.

Honeywell has appointed David Sewell as the President and CEO of its Advanced Materials business, effective immediately. Sewell brings over 30 years of experience to the role, which is part of Honeywell's strategic plan to spin off its Advanced Materials division. This move is expected to enhance the operational efficiency and market focus of the business unit.

In addition to Sewell, Honeywell has also named Tina Pierce as the Chief Financial Officer (CFO) of the Advanced Materials business, effective May 1, 2025. Pierce's appointment is aimed at strengthening the financial management and strategic planning of the division as it prepares for its independence.

The leadership changes come as Honeywell prepares to spin off its Advanced Materials division, which will be named Solstice Advanced Materials. Dr. Rajeev Gautam will serve as the Chairman of the new entity, with Sewell and Pierce playing crucial roles in its leadership team. This strategic move is part of Honeywell's broader initiative to streamline its operations and focus on core competencies.