Honeywell announced that George Koutsaftes, an executive with over 13 years of leadership experience within its Performance Materials and Technologies (PMT) segment, has been named as Chief Operating Officer within its Safety and Productivity Solutions (SPS) segment. Koutsaftes, 52, will become President and Chief Executive Officer of SPS and a Honeywell Executive Officer on April 1. He will succeed John Waldron, who will be appointed to another senior leadership role within Honeywell at that time. Waldron and Koutsaftes will work together closely on the transition over the next three months.

Prior to joining Honeywell in 2008, Koutsaftes was a senior-level M&A advisor who was a key player in transactions with over $7 billion in aggregate value. He worked for Young and Partners LLC, Eureka Capital Markets LLC, and Arthur Andersen Corporate Finance LLP. He joined PMT in 2008 as Director, Mergers and Acquisitions, and was instrumental in the acquisition of Thomas Russell Co., a leading provider of natural gas processing and treating technology and equipment solutions.

He also led Procurement and Trade Compliance for PMT before leading the Fluorine Products global business enterprise, followed by Advanced Materials.