Honeywell Appoints Peter Lau as New Industrial Automation CEO

Leadership Transition at Honeywell

Honeywell International announced Peter Lau as CEO of Industrial Automation on August 22, 2025.
He will assume his new role on October 15, 2025.
Lucian Boldea will exit the company on August 31, 2025.
Honeywell aims to strengthen its automation business with Lau’s leadership.

Market Outlook for Honeywell Stock

Analysts rate HON stock as a Buy with a $240 target.
Spark, TipRanks’ AI Analyst, also rates HON as Outperform.
Honeywell benefits from strong financial results and positive events.
However, rising costs and leverage remain important challenges.

Strategic Impact of the Appointment

Peter Lau brings decades of automation industry expertise.
Honeywell expects him to accelerate growth and market share.
The company continues focusing on digitalization and operational efficiency.
These moves aim to reinforce Honeywell’s global automation leadership.

Company Snapshot

Honeywell International operates across automation, aerospace, and building technologies.
Its automation solutions improve safety, efficiency, and sustainability worldwide.
The company reports a market cap of $137.6 billion.
Technical signals currently show a Buy sentiment for HON stock.