Indian-origin Vimal Kapur Is New CEO Of US-based Consumer Tech Conglomerate Honeywell

Mar 16, 2023, 12:08 IST

Indian-origin Vimal Kapur, President, and Chief Operating Officer, will succeed Darius Adamczyk as the new CEO of US-based consumer tech conglomerate Honeywell on June 1 and joins the list of Indian-origin Global CEOs.

Vimal Lapur (57) graduated from the Thapar Institute of Engineering in Punjab’s Patiala as an electronics engineer with a specialisation in instrumentation. He was also appointed to the company’s board of directors, effective March 13.

Prior to his role as COO, Vimal served as President and CEO of PMT, an $11 billion global leader in the development of high-performance products and solutions including low global warming refrigerants; specialty films for healthcare and photovoltaic applications; leading technologies for the global refining and petrochemicals industry; and process solutions.

Prior to leading PMT, Kapur served as President and CEO of HBT, a $6 billion global leader in building technology offerings, which improve energy performance, air quality and the safety and security of commercial buildings in more than ten million buildings worldwide. Before leading HBT, Kapur also held the role of President of Honeywell Process Solutions, where he successfully led the business through the oil and gas downturn. Over a three-year period, Kapur was able to increase sales by 6%, expand margins by over 400 basis points and grow cash margins by 860 basis points to over 17%.

Prior to that, Kapur was Vice President and General Manager of the Advanced Solutions line of business, where he built the foundation of an outcome-driven software business, successfully integrating the Matrikon acquisition into Honeywell. Additionally, he has held several other leadership positions including Managing Director for Honeywell Automation India Limited.

Adamczyk will continue to serve as Executive Chairman of Honeywell, said the company, adding that these moves ensure a seamless leadership transition and position Honeywell for continued outperformance versus peers.

Kapur 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,” said Adamczyk.

We are excited to announce that Vimal Kapur, President and COO, will succeed Darius Adamczyk as Chief Executive Officer on June 1, 2023. Read more about the changes that will ensure a seamless leadership transition and position us for continued success: https://t.co/9cGSqTXGRd

— Honeywell (@honeywell) March 14, 2023