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Honeywell
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Updated Aug 19, 2026
Honeywell appoints BA CEO Hammoud to lead Process Technology; Picon succeeds him at Building Automation.
Honeywell announced executive leadership transitions effective October 1, 2026, moving Billal Hammoud from President and CEO of Building Automation to the same role at Process Technology, part of the Process Automation & Technology segment. Juan Picon, who has led Building Automation Americas since October 2024, will succeed Hammoud. Ken West, the current PT CEO, departs August 31, 2026. The announcement emphasizes continuity and bench strength, with Hammoud credited for accelerating Building Automation's organic growth from 2% in 2023 to 8% in 2025 and executing the $4.95 billion Access Solutions acquisition.
Tone: neutralRevenue
$37.4B
HON 10-K · FY 2025
Employees
50,000
Revenue FY2024
$38.5B
Headquarters
Charlotte, NC
Profile
HON 10-K Item 1 · Feb 17, 2026Honeywell International Inc. is a diversified industrial technology company operating across aerospace, industrial automation, building automation, and energy and sustainability solutions. The company serves customers globally across commercial aviation, defense, manufacturing, and building management sectors. It generates revenue through both product sales and services.
Primary products
- Building Automation systems and controls
- Process Technology and automation
- Fire Life Safety systems
- Smart Energy and Thermal Solutions
- Combustion Controls
Business segments
Geographies
Revenue commentary · FY 2025
Total net sales increased from $34,717 million in 2024 to $37,442 million in 2025, driven primarily by growth in Aerospace Technologies and Energy and Sustainability Solutions segments.
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