-
NEW DELHI: UGC launches common faculty recruitment portal for central universities. - May 4, 2023
-
LONDON: KL Rahul, Jaydev Unadkat ruled out of IPL 2023, in danger of missing WTC final for India. - May 4, 2023
-
GENEVA: World should prepare for El Nino, new record temperatures: UN. - May 3, 2023
-
WASHINGTON: US philanthropy platform raises over $1 million for 25 Indian NGOs with help of young Indian-Americans. - May 3, 2023
-
MOSCOW: India’s Urals oil imports dip in April as China ups competition. - May 2, 2023
-
CUPERTINO: Apple opens its first retail store in India. - May 2, 2023
-
KHARTOUM: Operation Kaveri, India brings home 754 more citizens from Sudan. - May 1, 2023
-
BAHRAIN: Visit of MOS Shri. V. Muraleedharan,to Saudi Arabia & Bahrain. - May 1, 2023
-
CALIFORNIA: Google took action against over 3,500 loan apps in India for violating norms in 2022. - April 28, 2023
-
SAN JOSE: Startup with Indian roots beats Nvidia at ML Olympics. - April 26, 2023
NEW DELHI : Indian-origin Vimal Kapur to be CEO of Honeywell
NEW DELHI : It’s yet another Indian-origin business executive who has occupied the corner office of a top American MNC.
Honeywell International said on Tuesday that Vimal Kapur, who has more than three decades of experience of leading the diversified manufacturer’s various businesses, will succeed Darius Adamczyk as chief executive.
The 57-year-old Kapur will take over the top role on June 1, roughly 10 months after he was appointed Honeywell’s president and chief operating officer.
Kapur joined the company after completing his education in India. He graduated from the Thapar Institute of Engineering in Patiala as an electronics engineer with a specialisation in instrumentation.
He has held several key positions in the company, including CEO of its building technologies as well as performance materials and technologies units. Kapur also oversees the company’s operating model, Honeywell Accelerator, which uses various tools, processes and best practices to improve efficiency.
“Honeywell’s next operational evolution, under Vimal’s leadership, will be the incorporation of Accelerator and standardisation of global business models to enable maximal performance in each business segment,” Adamczyk said in a statement.
Adamczyk, who has been Honeywell’s CEO since 2017, will continue to serve as executive chairman and draw a base salary of $1.3 million, the company said in a regulatory filing. Kapur’s base salary as CEO will be $1.5 million, Honeywell said. He has also served as managing director for Honeywell Automation India (HAIL).