Honeywell International Inc. shares rise 2.40% intraday after appointing Peter Lau as President and CEO of its Industrial Automation business.
ByAinvest
Friday, Aug 22, 2025 3:14 pm ET1min read
HON--
Honeywell International Inc. rose 2.40% intraday, with the company announcing several strategic moves. Honeywell appointed Peter Lau as the new President and CEO of its Industrial Automation business, effective October 15, 2025. Additionally, Honeywell unveiled the future Board of Directors for Solstice Advanced Materials, a specialty materials company set to be spun off in Q4 2025. The board includes experienced leaders from various sectors, indicating a strong strategic direction for the spin-off.
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