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.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
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:
You may also read this:
Vikram-1, it is the country’s first ever private orbital rocket developed and designed indigenously. As…
India is advancing its access to the formal financial services, as Reserve Bank of India…
In the FIFA World Cup 2026, either Spain or Argentina will lift the ultimate trophy…
The Serum Institute of India (SII) has reached a watershed agreement with the Gates Medical…
Karnataka has made public the draft Karnataka Apartment (Ownership and Management) Bill, 2025 (KAOMA), an…
Uttar Pradesh state government made an announcement of the two digital platforms, that are called…