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Vimal Kapur

Vimal Kapur

Chairman and Chief Executive Officer, Honeywell

Appears in 1 story

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Honeywell dismantles its conglomerate, spinning aerospace into a standalone company

Money Moves

Leading the breakup; will head the remaining Honeywell automation business

Honeywell has been a conglomerate for over a century, bundling aerospace engines, building thermostats, and specialty chemicals under one corporate roof. On March 3, 2026, it filed the paperwork to end that era, registering its $17.4 billion aerospace division as an independent company that will trade on Nasdaq under the ticker HONA. The filing is the second of three planned separations that will split Honeywell into entirely distinct publicly traded companies by late 2026.

Updated Mar 3