The company said its Board of Directors unanimously elected CEO and current director Vimal Kapur, age 58, to succeed Darius Adamczyk as Chairman of the Board on January 30, 2024, effective June 7, 2024.

1. 01

   The company said its Board of Directors unanimously elected CEO and current director Vimal Kapur, age 58, to succeed Darius Adamczyk as Chairman of the Board on January 30, 2024, effective June 7, 2024.

2. 02

   Honeywell said Darius Adamczyk will retire from the board on June 7, 2024 and serve as Senior Advisor to the company from that point. The press release said he served as chairman and CEO until June 2023, when he became executive chairman.

3. 03

   The company said its independent directors unanimously elected William S. Ayer to succeed D. Scott Davis as independent Lead Director, effective as of the annual meeting of shareowners on May 14, 2024. Davis will remain on the board as an independent director and Chair of the Audit Committee.

4. 04

   The company said Kapur's and Ayer's elections to their new roles are subject to their election to the board at the annual meeting of shareowners on May 14, 2024. It also said there are no arrangements or understandings tied to Kapur's election as chairman, and no family relationship involving Kapur, and that no transactions require disclosure under Item 404(a).

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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