Honeywell (NASDAQ: HON) has announced the appointment of Peter Lau as President and CEO of its Industrial Automation business, effective October 15, 2025. Lau will succeed Lucian Boldea, who is departing at the end of August to pursue another opportunity. He will be based in Charlotte, N.C., reporting directly to Vimal Kapur, Chairman and CEO of Honeywell.
Leadership Background
Peter Lau brings more than two decades of executive leadership experience. He previously served as President and CEO of FARO Technologies, where he oversaw a strategic transformation that positioned the company as a global leader in 3D measurement, imaging, and realization technology, ultimately leading to its successful acquisition.
Prior to FARO, Lau held several senior roles at Honeywell, leading the Security, Fire, and Electrical Products businesses. During that time, he helped transition the company’s offerings from hardware to software-driven solutions, expanded its international footprint, and reinforced its commercial capabilities. His earlier career also includes leadership positions at Hubbell, General Electric, and Catalyst Nutraceuticals.
Lau holds a B.S. in Business Administration from Northeastern University.
Executive Statements
“We are delighted to welcome Pete back to Honeywell,” said Vimal Kapur, Chairman and CEO of Honeywell. “He brings deep industry knowledge, a passion for our business, and a strong track record of driving growth—all of which will help fuel innovation and create value for our customers.”
Kapur also acknowledged outgoing leader Lucian Boldea, stating: “We are grateful to Lucian for his leadership and dedication to positioning our Industrial Automation business for the next chapter of growth and wish him well in future endeavors.”
Strategic Context
Lau’s appointment comes at a pivotal time for Honeywell. The company is currently evaluating strategic alternatives for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses, which fall under the Industrial Automation unit.
This restructuring is part of Honeywell’s broader plan to separate into three independent, industry-leading companies by the second half of 2026. Following the separation, Honeywell will be repositioned as a global automation leader, with core operations spanning building automation, process automation, and industrial technologies.
Company Overview
Honeywell operates across diverse industries worldwide, with business segments focused on Aerospace Technologies, Industrial Automation, Building Automation, and Energy & Sustainability Solutions. Leveraging its Honeywell Accelerator operating system and Honeywell Forge IoT platform, the company continues to align with three global megatrends: automation, the future of aviation, and energy transition.
By driving innovations that make the world smarter, safer, and more sustainable, Honeywell remains a trusted partner for organizations addressing some of the world’s toughest challenges.
