Summary
Honeywell International Inc. (HON) has announced a significant leadership change within its Industrial Automation (IA) segment through an 8-K filing. Effective October 15, 2025, Mr. Peter Lau will assume the role of President and CEO of the IA segment, reporting directly to Chairman and CEO Vimal Kapur. Mr. Lau brings a wealth of experience, including a prior senior leadership role within Honeywell's own Security, Fire and Electrical Products businesses, as well as CEO experience at FARO Technologies. This appointment signals a strategic move to leverage Lau's expertise to drive growth and innovation within the critical IA division. Concurrently, the current President and CEO of IA, Mr. Lucian Boldea, will be departing the company on August 31, 2025. While the filing does not provide specific reasons for Mr. Boldea's departure, the transition signifies a shift in leadership for the IA segment. Investors should closely monitor the strategic direction and performance of the Industrial Automation segment under Mr. Lau's leadership, considering his background and prior experience within Honeywell.
Key Highlights
- 1Appointment of Peter Lau as President and CEO of the Industrial Automation (IA) segment, effective October 15, 2025.
- 2Peter Lau will report directly to Chairman and CEO Vimal Kapur.
- 3Mr. Lau brings prior experience at Honeywell, having led Security, Fire and Electrical Products businesses (Jan 2018 - Aug 2020).
- 4Mr. Lau previously served as President and CEO of FARO Technologies (July 2023 - Oct 2025).
- 5Current President and CEO of IA, Lucian Boldea, will depart the company on August 31, 2025.
- 6Peter Lau is 46 years old and holds a B.S. in Business Administration from Northeastern University.