Vimal Kapur, President and Chief Operating Officer, will succeed Darius Adamczyk as Chief Executive Officer on June 1, 2023. Adamczyk, who became Chief Operating Officer in 2016, Chief Executive Officer in 2017 and Chairman in 2018, will continue to serve as Executive Chairman of Honeywell. Kapur was also appointed to the company’s board of directors effective March 13, 2023. These moves ensure a seamless leadership transition and position Honeywell for continued outperformance versus peers.
“Vimal is absolutely the right person to lead our company to the next level of growth and stellar performance,” 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 digitalisation strategic initiatives, along with his advancement of our world class operating system – Honeywell Accelerator – throughout the organisation, gives him an outstanding platform to drive continued outperformance for our shareowners.”
In his new role as Executive Chairman, Adamczyk will be focused primarily on supporting customer relationships, business development, enterprise strategic planning, shaping the portfolio and global government relations.
At the same time, Honeywell has also announced that Doug Wright, President and CEO of HBT, will leave the company to pursue another opportunity. As a result, Honeywell has appointed Billal Hammoud as President and CEO of HBT effective April 1, 2023. Hammoud was previously President of Honeywell’s Smart Energy and Thermal Solutions business. Prior to rejoining Honeywell in 2021, Hammoud was President of ESAB Americas and Global Fabrication Solutions. Prior to ESAB, Hammoud was Vice President and General Manager of Honeywell Thermal Solutions. He earned his Bachelor of Science degree in Mechanical Engineering and MBA from Wayne State University.
