July 20, 2022: Honeywell has announced the appointment of Vimal Kapur, current President and CEO of Honeywell Performance Materials and Technologies (PMT), as President and Chief Operating Officer.
Kapur, 56, has over three decades of experience across various Honeywell businesses and, as COO, will drive the continued profitable growth of Honeywell's operating businesses. This includes creating new solutions to help customers drive their sustainability transformations and accelerate their digital transformation journeys. Kapur will also oversee the continued integration of Honeywell's operating system, "Honeywell Accelerator," across the organization and further its adoption as a learning tool for all Honeywell employees.
Kapur will continue to perform the role of President and CEO of Honeywell PMT, a business group that develops process technologies, automation solutions, advanced materials, and industrial software, until his successor is named.
Before HBT, Kapur also held the role of President of Honeywell Process Solutions where he 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, he 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 our Matrikon acquisition into Honeywell. Additionally, he has held several other leadership positions, including Managing Director for Honeywell Automation India Limited.
Kapur graduated from the Thapar Institute of Engineering in Patiala, India, as an electronics engineer, with a specialization in instrumentation.