Honeywell International Inc (HON.O) said that Vimal Kapur, who has more than three decades of experience leading the diversified manufacturer’s various businesses, will succeed Darius Adamczyk as chief executive.
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.
Adamczyk, who has been Honeywell’s CEO since 2017, will continue to serve as executive chairman and draw a base salary of $1.3 million, the company said in a regulatory filing.