Honeywell International Inc 8-K, filed Jul 14, 2021
Honeywell International Inc (HON)
About this 8-K
Honeywell International Inc filed this 8-K on July 14, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| ITEM 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 14, 2021, Rajeev Gautam, President and Chief Executive Officer of the Performance Materials and Technologies segment (“PMT”) of Honeywell International Inc. (the “Company”), communicated his intent to retire from the Company effective as of August 13, 2021 (the “Retirement Date”). Following the Retirement Date and through the end of January 2022, Mr. Gautam will serve as President Emeritus, Honeywell PMT, with responsibility for ensuring smooth customer transitions across PMT and helping enable growth within the Honeywell UOP business unit.
Mr. Vimal Kapur, age 55, has been appointed to succeed Mr. Gautam as President and Chief Executive Officer of PMT. Mr. Kapur has served since May 2018 as President and Chief Executive Officer of the Honeywell Building Technologies segment (“HBT”), and prior to that, Mr. Kapur led PMT’s Honeywell Process Solutions business (“HPS”) from 2014 to 2018. In addition, Mr. Kapur has held several other leadership positions at Honeywell, including Vice President and General Manager of the Advanced Solutions line of business for HPS and Managing Director for Honeywell Automation India Limited (HAIL).
Mr. Doug Wright, age 51, has been appointed to succeed Mr. Kapur as President and Chief Executive Officer of HBT. Mr. Wright has served as President of HBT’s Fire and Security business since joining the Company in July 2020. Before joining the Company, Mr. Wright served from 2013 to 2020 as President and Chief Executive Officer of Source Photonics, a global provider of optical communication products used in telecommunication systems and data communication networks, and prior to that, Mr. Wright spent six years at United Technologies (“UT”), where he served as President of Asia for UT’s Fire and Security group and as President of UT’s Automation and Controls Solutions business.
Mr. Kapur’s and Mr. Wright’s appointments are each effective immediately.
The terms of Mr. Gautam’s consulting agreement following the Retirement Date have not yet been finalized.
(d) Exhibits.
| Exhibit 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: July 14, 2021 | HONEYWELL INTERNATIONAL INC. | |||||
| By: | /s/ Anne T. Madden | |||||
| Anne T. Madden | ||||||
| Senior Vice President and General Counsel | ||||||