Honeywell announced new leaders of its Performance Materials and Technologies (PMT) and Honeywell Building Technologies (HBT) segments, and a new Chief Operating Officer of Global High Growth Regions. Vimal Kapur has been named President and Chief Executive Officer of PMT, based in Houston. Kapur is a 32-year veteran of Honeywell who most recently led the HBT segment and previously led the Process Solutions business within PMT. Kapur succeeds Rajeev Gautam, who has decided to retire on Aug. 13 after a 43-year career with Honeywell. Following his retirement and through the end of January, Gautam will work closely on the transition with Kapur and will serve as President Emeritus, Honeywell PMT. Succeeding Kapur is Doug Wright, who has been named President and CEO of Honeywell Building Technologies, based in Atlanta. Wright joined Honeywell in mid-2020 as the leader of HBT's Fire and Security business. Both Kapur and Wright will serve as company officers and report to Chairman and CEO Darius Adamczyk. The changes are effective immediately. In addition, Ben Driggs has been named Chief Operating Officer of Global High Growth Regions, a transition role that will lead him to become President of Global High Growth Regions on January 1, 2022. Driggs will succeed Shane Tedjarati, who has decided to retire at the end of 2021 after a 17-year career at Honeywell leading the company's growth efforts in emerging regions. Tedjarati will remain in an advisory capacity to Honeywell over the next three years. Driggs will be based in Shanghai. Wright joined Honeywell in July 2020 as the President of HBT's Fire and Security business. Wright previously was the President and CEO of Source Photonics. Prior to that, Wright spent six years at United Technologies, where he served as President of Asia for the company's Fire and Security group, based in Shanghai, and President of Automation and Controls Solutions business. Driggs most recently served as Vice President of Global Strategic Accounts. Gautam has led PMT for the past five years and previously served as President of Honeywell UOP. Tedjarati played an essential role in establishing and aggressively growing Honeywell's presence in China, India, and Southeast Asia; Central and Eastern Europe; the Middle East and Central Asia; Africa; and Latin America.
Honeywell International Inc. specializes in the manufacturing and marketing of industrial equipment. The group also offers maintenance, technical assistance and engineering services. Net sales break down by family of products as follows:
- aeronautical equipment (37.2%): engines, navigation hardware and software, propulsion and communication systems, satellite and space components, lighting equipment, wheels, etc. The group also offers turbochargers for motor vehicles;
- performance materials and technologies (31.4%): polymers, fibers, resins, acids, additives, catalysts, sorbents, semiconductor packaging materials, coating materials, etc.;
- building automation and control systems (16.4%): heating and ventilation control systems, fire alarms, thermostats, monitoring systems, etc.;
- security and productivity optimization solutions (15%): personal safety equipment, warning systems, gas detection systems, data collection and thermal printing computer solutions, warehouse and supply chain automation systems, data and production process management solutions, etc.
Net sales are distributed geographically as follows: the United States (57%), Europe (22%) and other (21%).
HONEYWELL INTERNATIONAL INC. 
