Summary
This 8-K filing from Honeywell International Inc. (HON) announces a key leadership change within its Board of Directors. Effective October 25, 2022, D. Scott Davis, who previously served as the independent Lead Director, has been elected as the Chair of the Audit Committee. This change follows the unfortunate passing of the previous Chair, George Paz, on October 23, 2022. Mr. Davis will continue to be compensated according to the company's existing non-employee director compensation structure.
Key Highlights
- 1D. Scott Davis appointed as Chair of the Audit Committee, effective October 25, 2022.
- 2Mr. Davis was previously the independent Lead Director and a member of the Audit Committee.
- 3The appointment is a direct result of the passing of the former Audit Committee Chair, George Paz, on October 23, 2022.
- 4Mr. Davis's compensation will adhere to the company's established non-employee director compensation practices.
- 5This is an interim appointment, given the recentness of the event, and ensures continuity in the Audit Committee's leadership.
- 6The filing also includes the standard Cover Page Interactive Data File exhibit.