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Resideo Technologies, Morris Plains, NJ, is making final preparations for its planned spinoff from Honeywell, selecting a chief financial officer as well as its stock exchange and ticker symbol.
The company named Joseph Ragan executive vice president and CFO. Ragan was most recently CFO at Ferroglobe PLC, a publicly traded, $2 billion global manufacturer of metal alloys and other metallic products created through a merger of FerroAtlántica and Globe Specialty Metals.
Resideo will be listed under the ticker symbol “REZI” on the New York Stock Exchange. The company also said it has named its full board of directors.
Honeywell announced last October the spinoff of its Honeywell Homes and ADI Global Distribution businesses into a standalone, publicly traded company, Resideo.