Honeywell Stock Surges 8.88% with $1.704 Billion Trading Volume Ranking 90th as New Senior Vice President Appointed

On April 9, 2025, Honeywell (HON) saw a significant surge in its stock price, rising by 8.88% with a trading volume of $1.704 billion, placing it at the 90th position in the day's trading volume rankings.

Honeywell has appointed Su Ping Lu as its new Senior Vice President, General Counsel, and Corporate Secretary, effective May 5, 2025. Lu will succeed Anne Madden, who will transition to a new role as Senior Vice President of Portfolio Transformation and Senior Advisor. Lu's appointment comes at a pivotal time for Honeywell, as the company navigates strategic separations and acquisitions, including the planned spin-off of its Aerospace Technologies business and the previously announced separation of Advanced Materials.

Lu brings a wealth of experience to her new role, having joined Honeywell in 2009 and serving in increasingly senior positions within the company's legal team. She will lead Honeywell's global legal, government relations, and security teams, reporting directly to Vimal Kapur, Chairman and CEO of Honeywell. Kapur highlighted Lu's exceptional leadership, legal expertise, and global perspective as key qualifications for her new role, emphasizing her importance in driving Honeywell's growth strategy.

Madden, who has been with Honeywell for nearly 30 years, will continue to play a crucial role in the company's transformation. Her extensive financial and business acumen will be instrumental in executing the separation plans and integrating recent acquisitions to optimize Honeywell's portfolio. Madden's leadership has been pivotal in Honeywell's strategic acquisitions and divestments, contributing to the company's growth and portfolio optimization.