Honeywell 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 leaving the company at the end of the month to pursue another opportunity. Lau will be based in Charlotte, North Carolina, and will report directly to Vimal Kapur, Chairman and CEO of Honeywell.
Lau previously served as President of Honeywell’s Security, Fire and Electrical Products businesses. Most recently, he was President and CEO of FARO Technologies and a member of its Board of Directors. During his time at FARO Technologies, Lau led a strategic transformation that resulted in the company’s acquisition and strengthened its position in 3D measurement, imaging, and realization technology.
In his earlier tenure with Honeywell, Lau led three global businesses focused on security and fire safety solutions. He helped shift offerings from hardware to software-based solutions and expanded the company’s global presence. Throughout his career, Lau has also held senior leadership roles at Hubbell, General Electric, and Catalyst Nutraceuticals. He holds a Bachelor of Science degree in Business Administration from Northeastern University.
“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 added: “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.”
Honeywell recently began evaluating strategic alternatives for its Productivity Solutions and Services (PSS) and Warehouse and Workflow Solutions (WWS) businesses within Industrial Automation. This move is part of Honeywell’s broader plan to simplify its portfolio ahead of separating into three independent companies by the second half of 2026. After this planned separation is complete, Honeywell intends to focus on building automation, process automation technologies, and industrial automation as a global automation business.
Honeywell operates across several industries worldwide with core business segments aligned with trends such as automation, aviation advancements, and energy transition. The company leverages platforms like Honeywell Accelerator operating system and Honeywell Forge IoT platform to deliver solutions through its Aerospace Technologies, Industrial Automation, Building Automation, and Energy & Sustainability Solutions segments. More information can be found at https://www.honeywell.com/newsroom.
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