Honeywell has appointed Peter Lau as President and CEO of its Industrial Automation business, effective October 15, 2025. Lau, a former President of Honeywell's Security, Fire and Electrical Products businesses, returns to the company after serving as President and CEO of FARO Technologies. He will report to Vimal Kapur, Chairman and CEO of Honeywell. Lau's appointment follows the departure of Lucian Boldea, who is leaving the company at the end of the month.
Charlotte, N.C. — Honeywell International Inc. (NASDAQ: HON) has announced the appointment of Peter Lau as President and CEO of its Industrial Automation business, effective October 15, 2025. Lau, a former President of Honeywell's Security, Fire and Electrical Products businesses, is returning to the company after serving as President and CEO of FARO Technologies. He will report to Vimal Kapur, Chairman and CEO of Honeywell. This appointment follows the departure of Lucian Boldea, who is leaving the company at the end of the month to pursue another opportunity.
Lau brings extensive experience in leading global businesses and driving strategic transformations. Most recently, he served as President and CEO of FARO Technologies, guiding a successful acquisition and strengthening the company's position as a leader in 3D measurement, imaging, and realization technology. Prior to FARO, Lau held senior leadership roles at Hubbell, General Electric, and Catalyst Nutraceuticals. He holds a B.S. degree in Business Administration from Northeastern University.
Lau's appointment is part of Honeywell's ongoing efforts to simplify its portfolio and accelerate value creation. The company has recently announced an evaluation of strategic alternatives for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses, which are part of the Industrial Automation business. This evaluation is expected to further streamline Honeywell's operations and position the company for future growth.
Honeywell's Industrial Automation business plays a crucial role in the company's overall strategy, focusing on building automation, process automation, and industrial automation technologies. The appointment of Peter Lau as President and CEO underscores Honeywell's commitment to innovation and growth in this critical sector.
References:
[1] https://www.investing.com/news/company-news/honeywell-announces-board-for-solstice-advanced-materials-spinoff-93CH-4205625
[2] https://www.marketscreener.com/news/honeywell-appoints-peter-lau-to-lead-industrial-automation-ce7c50dad18ff627
[3] https://finance.yahoo.com/news/honeywell-appoints-peter-lau-lead-123000042.html
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