Honeywell (HON) announces the appointment of president and COO, Vimal Kapur, as its new CEO, effective Jun 1. He will succeed Adamczyk, who will continue to serve as the company's executive chairman.
The 57-year-old Kapur will take over the top role on June 1, roughly 10 months after he was appointed Honeywell's president and chief operating officer. He has held several key positions in the company, including CEO of its building technologies as well as performance materials and technologies units. Kapur also oversees the company's operating model, Honeywell Accelerator, which uses various tools, processes and best practices to improve efficiency.
Honeywell International Inc. (HON) closed the most recent trading day at $193.10, moving -0.12% from the previous trading session.