Honeywell Welcomes Peter Lau as New Head of Industrial Automation Team
On August 22, 2025, Honeywell (NASDAQ: HON) announced a significant leadership transition by appointing Peter Lau as the President and CEO of its Industrial Automation business. Lau's new role will officially commence on October 15, 2025, succeeding Lucian Boldea, who will be leaving the company to embark on a new opportunity. Based in Charlotte, North Carolina, Lau will report directly to Vimal Kapur, Honeywell's Chairman and CEO.
Peter Lau is no stranger to Honeywell, having previously presided over the company's Security, Fire, and Electrical Products divisions. His extensive experience in the industry will be pivotal in steering Honeywell through its next phase of growth. Recently, Lau served as the President and CEO of FARO Technologies, where he was instrumental in guiding the company through a strategic transformation. Under his leadership, FARO Technologies improved its standing in the 3D measurement and imaging technology sector, securing operational excellence and delivering customer-centric products that fueled growth.
During his earlier tenure at Honeywell, Lau was influential in leading three global businesses with a focus on enhancing security measures and developing fire and life safety solutions. He played a key role in transitioning Honeywell's offerings toward software-based solutions while also expanding the company's global reach and enhancing its commercial capabilities. His career has seen him in various leadership positions at notable companies, including Hubbell, General Electric, and Catalyst Nutraceuticals. He holds a Bachelor of Science degree in Business Administration from Northeastern University.
Vimal Kapur expressed enthusiasm about Lau's return, stating, "We are delighted to welcome Pete back to Honeywell. His profound industry knowledge, enthusiasm for our business, and successful track record will significantly contribute to innovation and value creation for our clients." Kapur also recognized Lucian Boldea for his contributions, thanking him for positioning the Industrial Automation sector for future growth.
This announcement comes as Honeywell embarks on evaluating strategic alternatives for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) divisions, which are integral parts of the Industrial Automation sector. This step is designed to streamline Honeywell's portfolio, creating more avenues for value generation ahead of its anticipated separation into three independent industry-leading companies slated for completion in the latter half of 2026. The separation will transform Honeywell into a specialized entity concentrating on building automation, process automation technologies, and industrial automation.
Honeywell operates as an integrated company, catering to a diverse array of industries and geographical markets across the globe. Its business strategy revolves around three significant megatrends: automation, the future of aviation, and the energy transition. The company is supported by the Honeywell Accelerator operating system and the Honeywell Forge IoT platform, enabling it to provide practical solutions to some of the world’s most complex challenges. With strong segments in Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions, Honeywell aims to create a world that is smarter and safer, promoting security and sustainability.
As this leadership change unfolds, the entire business community will be watching closely to see how Lau's impact and Honeywell's evolving strategy will shape the company's trajectory in the industrial automation market. To stay updated on Honeywell's latest news and developments, visit their newsroom at www.honeywell.com/newsroom.
Peter Lau is no stranger to Honeywell, having previously presided over the company's Security, Fire, and Electrical Products divisions. His extensive experience in the industry will be pivotal in steering Honeywell through its next phase of growth. Recently, Lau served as the President and CEO of FARO Technologies, where he was instrumental in guiding the company through a strategic transformation. Under his leadership, FARO Technologies improved its standing in the 3D measurement and imaging technology sector, securing operational excellence and delivering customer-centric products that fueled growth.
During his earlier tenure at Honeywell, Lau was influential in leading three global businesses with a focus on enhancing security measures and developing fire and life safety solutions. He played a key role in transitioning Honeywell's offerings toward software-based solutions while also expanding the company's global reach and enhancing its commercial capabilities. His career has seen him in various leadership positions at notable companies, including Hubbell, General Electric, and Catalyst Nutraceuticals. He holds a Bachelor of Science degree in Business Administration from Northeastern University.
Vimal Kapur expressed enthusiasm about Lau's return, stating, "We are delighted to welcome Pete back to Honeywell. His profound industry knowledge, enthusiasm for our business, and successful track record will significantly contribute to innovation and value creation for our clients." Kapur also recognized Lucian Boldea for his contributions, thanking him for positioning the Industrial Automation sector for future growth.
This announcement comes as Honeywell embarks on evaluating strategic alternatives for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) divisions, which are integral parts of the Industrial Automation sector. This step is designed to streamline Honeywell's portfolio, creating more avenues for value generation ahead of its anticipated separation into three independent industry-leading companies slated for completion in the latter half of 2026. The separation will transform Honeywell into a specialized entity concentrating on building automation, process automation technologies, and industrial automation.
Honeywell operates as an integrated company, catering to a diverse array of industries and geographical markets across the globe. Its business strategy revolves around three significant megatrends: automation, the future of aviation, and the energy transition. The company is supported by the Honeywell Accelerator operating system and the Honeywell Forge IoT platform, enabling it to provide practical solutions to some of the world’s most complex challenges. With strong segments in Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions, Honeywell aims to create a world that is smarter and safer, promoting security and sustainability.
As this leadership change unfolds, the entire business community will be watching closely to see how Lau's impact and Honeywell's evolving strategy will shape the company's trajectory in the industrial automation market. To stay updated on Honeywell's latest news and developments, visit their newsroom at www.honeywell.com/newsroom.
Topics Business Technology）
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