People in Aviation
Mike Madsen is president and CEO of Honeywell and Lisa Holland takes the newly created position of president of corporate strategies for Sheltair.

Long-time Honeywell Aerospace executive Mike Madsen was selected to take over the Phoenix, Arizona-based manufacturer as president and CEO. He succeeds Tim Mahoney, who held the role for 10 years and is moving to the position of senior v-p of enterprise transformation for Honeywell Digital. Most recently v-p of integrated supply chain, Madsen has more than three decades with the organization, also holding the roles as president of Honeywell Aerospace Defense and Space and leadership positions within the Air Transport (ATSG) and Regional business. Mahoney joined Honeywell in 1997 following a 20-year career with Sikorsky Aircraft.