Summary
Honeywell International Inc. (HON) has announced significant leadership changes within its Process Automation & Technology segment, effective October 1, 2026. Mr. Billal Hammoud, currently President and CEO of the Building Automation (BA) segment, will transition to lead the Process Technology (PT) business. Mr. Hammoud brings extensive experience, having previously led other key Honeywell divisions, indicating a strategic move to leverage his expertise in a critical growth area. His reporting line to CEO Vimal Kapur underscores the importance of this role. Concurrently, Mr. Juan Picon is appointed as the new President and CEO of the BA segment, succeeding Mr. Hammoud. Mr. Picon is a seasoned executive with deep Honeywell roots and prior leadership experience at other industrial companies. This reshuffle also coincides with the departure of Mr. Ken West, the current President and CEO of PT, on August 31, 2026. These appointments are detailed in a press release furnished under Regulation FD, signaling a proactive approach to leadership succession and business unit focus.
Key Highlights
- 1Billal Hammoud appointed President and CEO of Process Technology (PT), effective October 1, 2026.
- 2Juan Picon appointed President and CEO of Building Automation (BA), effective October 1, 2026.
- 3Mr. Hammoud's prior leadership roles include President and CEO of the Building Automation segment.
- 4Mr. Picon has extensive experience at Honeywell and other industrial companies, including leadership roles in the Americas BA business.
- 5Mr. Ken West, current President and CEO of PT, will depart the company on August 31, 2026.
- 6The leadership changes are effective October 1, 2026.
- 7The company issued a press release to disclose these appointments.