Honeywell names new CEO
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Honeywell (NASDAQ:HON) announced on Tuesday the appointment of Vimal Kapur as its new chief executive officer, effective June 1, 2023.
Kapur, a 34-Year Honeywell veteran, will succeed Darius Adamczyk, who will continue to serve as executive chairman of the company. He was named chief operating officer in July 2022.

Kapur has held roles in Honeywell across multiple business models, industries, regions and business cycles including leading Performance Materials and Technologies and Honeywell Building Technologies.
Adamczyk said: "Vimal brings 34 years of deep knowledge about our businesses, end markets and customer needs. His ability to drive our key sustainability and digitalization strategic initiatives, along with his advancement of our world class operating system â Honeywell Accelerator â throughout the organization, gives him an outstanding platform to drive continued outperformance for our shareowners. Honeywell's next operational evolution, under Vimal's leadership, will be the incorporation of Accelerator and standardization of global business models to enable maximal performance in each business segment."