US conglomerate Honeywell has promoted Su Ping Lu to general counsel, replacing Anne Madden who is moving to a new role with the company.
Lu is currently GC for Honeywell’s international business. She will take on her new role from 5 May, which will see her lead the company’s global legal, government relations and security teams. She will report directly to Honeywell CEO and chairman Vimal Kapur.
Charlotte, North Carolina-based Honeywell operates in the aerospace, building automation, energy and cybersecurity industries.
Kapur said: “Su brings a blend of exceptional leadership, legal expertise and a global perspective, that uniquely qualify her for this role. Working closely with our board of directors and our senior leadership team, she will be a critical partner in driving our strategy to accelerate growth.”
Lu joined Honeywell back in 2009 as GC for its aerospace business in Asia Pacific based in Shanghai. She then moved to the US where she served as GC for its aerospace integrated supply chain unit before becoming GC for governance and finance in 2016. She took on her current role in 2021, adding the corporate secretary remit at the start of last year, having served as depuy since 2016.
Madden, meantime, is taking up a new role as a senior advisor and as senior vice president of portfolio transformation following the company’s recent announcement that it will separate its aerospace technologies business and spin out its advanced materials business. This will result in three new publicly listed entities, with Madden tasked to oversee those efforts through to completion.
Madden has been GC since 2017, though she has worked for Honeywell and its predecessor AlliedSignal since 1996 (where she was GC of flourine products). She also spent 16 years as global head of M&A, during which time Honeywell made around 100 acquisitions and sold about 70 business units. Last year, Honeywell acquired CAES for $1.9bn, repped by Skadden.
Kapur added: “I am grateful to Anne for her continued leadership that draws on her nearly 30 years at Honeywell. We are fortunate to have her playing such a key role during this transformative time for our business. Her unparalleled financial and business acumen will be key to executing our separation plans and integrating recent acquisitions to fully optimise our portfolio.”
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