On June 10, the company's board of directors commenced a process to separate its businesses into two independent, publicly traded companies. The one segment, Manufacturing Co., will focus on aircraft cabin interior equipment – design, development, manufacturing, certification and direct sales on a global basis. The second segment, Services Co., will be focused on distribution, logistics and technical services for the aerospace and energy services markets. Currently, the company plans to separate the businesses by way of a tax-free distribution to its shareholders, which would result in shareholders of the company holding shares in two independent and publicly traded companies, according to a statement. In addition, B/E Aerospace Inc (NASDAQ : BEAV) recently appointed David J. Anderson, former senior vice president and CFO of Honeywell International Inc. (NYSE : HON ), to its board of directors.