The spinoffs, which will create two new, independent organizations outside of Honeywell, are expected to be complete by the end of 2018.
After six years of building and investing in their company, four entrepreneurs are ready to make a splash.
The Commerce Department concluded that no new pipeline capacity is needed to ensure “future adequacy, reliability and efficiency of energy supply.”
Olson takes over from retiring chairman and former CEO Michael Hoffman.
Paul Marvin took the helm of the long-time family window and doors business in late August.
The two companies combined would have nearly $3 billion in annual revenue, making it one of the largest specialty adhesives makers on the globe.
Many CEOs tendered their resignation from the advisory group following a weekend of violence and protests in Charlottesville, Virginia.
Amy Hood has been with the technology giant since 2002 and its chief financial officer since July 2013.
The commission said Muslim workers that were fired had their civil rights violated.