Categories: Appointments

Honeywell appoints veteran Vimal Kapur as CEO

Honeywell International HON announced that company current president and chief operating officer, Vimal Kapur, will succeed Darius Adamczyk as the new chief executive officer (CEO), effective Jun 1. He has also been named to the board of directors of HON as of March 13. He has 34 years of experience working for Honeywell across multiple business models, sectors, geographic locations, and economic cycles. “The adoption of Accelerator and standardisation of global business models to enable maximal performance in each business segment” will be Kapur’s primary areas of attention as CEO.

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Adamczyk, meanwhile, was appointed chairman in 2018 and CEO in 2017. He will stay on as executive chairman of Honeywell. HON’s market capitalization increased by 9% CAGR from $88 billion to $145 billion under his leadership. Adamczyk will support company development, enterprise strategic planning, portfolio shaping, and international government interactions as executive chairman.

Important takeaways for all competitive exams:

Honeywell International HON Founded: 1906, Wabash, Indiana, United States;
Honeywell International HON Founder: Mark C. Honeywell;
Honeywell International HON Headquarters: Charlotte, North Carolina, United States.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.