Honeywell Elects Vimal Kapur as Chairman and William S. Ayer as Independent Lead Director
"It is a privilege and honor to be named chairman with the full support of Darius and our independent directors," Kapur said. "I look forward to working with Bill, our outstanding board and leadership team and our talented people to continue accelerating Honeywell's growth aligned with three powerful megatrends--automation, the future of aviation and energy transition--each of which is underpinned by robust digitalization capabilities and solutions."
- William S. Ayer has also been elected to succeed D. Scott Davis as independent lead director beginning as of the company's annual meeting on May 14, 2024.
- Davis, who has served as lead director since 2020, will continue to serve as an independent director and as Chair of the Audit Committee.
- "The board is unified in its view that Vimal will provide decisive strategic leadership and strong execution of Honeywell's growth plans, capital deployment, succession planning and continuing operational excellence," said Davis, Honeywell's independent lead director.
- Adamczyk, who was Honeywell's chairman and CEO until June 2023 when he became executive chairman, said, "I would like to thank Scott for his service to Honeywell as lead director.