Honeywell has announced that Vimal Kapur, President and Chief Operating Officer (COO) of the company, will succeed Darius Adamczyk as Chief Executive Officer (CEO) on 1 June 2023.

Adamczyk, who became COO in 2016, CEO 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 13 March 2023.

Prior to his role as COO at Honeywell, Kapur served as President and CEO of PMT. Under his leadership, the business drove rapid growth in its sustainability portfolio including in circularity, energy evolution, environmental transformation, resiliency and accountability. Prior to this, Kapur served as President and CEO of HBT.

“Vimal is absolutely the right person to lead our company to the next level of growth and stellar performance. He brings 34 years of deep knowledge about our businesses, end markets and customer needs,” said Adamczyk.

“His ability to drive our key sustainability and digitalization strategic initiatives, along with his advancement of our world class operating system – Honeywell Accelerator – throughout the organization, gives him an outstanding platform to drive continued outperformance for our shareowners. Honeywell’s next operational evolution, under Vimal’s leadership, will be the incorporation of Accelerator and standardization of global business models to enable maximal performance in each business segment.”

“It is truly an honor to have the opportunity to serve as CEO of Honeywell under Darius’ leadership and the leadership of our world class board of directors. I have had the privilege to work in a variety of businesses and functions over my three decades with Honeywell,” Kapur said.

“Our high-performance culture and exceptional talent set Honeywell apart from other companies and our innovation inspires me every day by bringing technologies to market that impact the world in a positive way. Honeywell is playing a major role in making the world a better place and I am both proud and humbled to take on the CEO role of this great company. I am looking forward to continuing to work with Darius and our board to continue to create value for our shareowners and our customers.” 

In his 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.