Business
Honeywell Names Vimal Kapur President and Chief Operating Officer
Kapur to drive execution of key sustainability and digitalization strategic initiatives and advance integration of Honeywell Accelerator throughout the
About this update from Honeywell International Inc.
[{"type":"text","content":"Kapur to drive execution of key sustainability and digitalization strategic initiatives and advance integration of Honeywell Accelerator throughout the organizationChange provides Honeywell Chairman and CEO Darius Adamczyk with additional flexibility to focus on overarching strategic and tactical objectives – with more time for business development, customer engagement and people developmentCHARLOTTE, N.C., July 28, 2022 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that Vimal Kapur, current President and CEO of Honeywell Performance Materials and Technologies (PMT), has been appointed to the role of President and Chief Operating Officer (COO), effective immediately. The presidents of all Honeywell Strategic Business Groups will report to Kapur in his new role, while Kapur and all functional leaders will continue to report to Chairman and CEO Darius Adamczyk.\n\n \n \n \n \n \n \n\n \nKapur, 56, has over three decades of experience across various Honeywell businesses and, as COO, will work closely with Adamczyk to drive the continued profitable growth of Honeywell's operating businesses. This includes creating new solutions to help customers drive their sustainability transformations and accelerate their digital transformation journeys. Kapur will also oversee the continued integration of Honeywell's operating system, \"Honeywell Accelerator,\" across the organization and further its adoption as a learning tool for all Honeywell employees.\n\"Vimal is uniquely qualified for this role, having proven his operational capabilities across many different industries, business models, regions, and business cycles,\" said Adamczyk. \"Vimal has served Honeywell customers for 33 years, and in that time has achieved a deep understanding of the Honeywell portfolio, our end markets, and our customers' needs. He has successfully driven sustainability and digitalization solutions across our portfolio. I look forward to partnering with Vimal to strengthen our execution and drive further value creation for our customers and shareowners.\"\nAdamczyk continued, \"As Honeywell continues creating new solutions to make businesses more efficient and sustainable – which are paramount for our customers and the future of the planet – this is the perfect time to bring Vimal into the COO role. His appointment provides me the additional bandwidth t...