ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Markets/EquitiesArticle

Honeywell reshuffles Process, Building Automation leadership

Billal Hammoud takes over Process Technology as Juan Picon replaces him at Building Automation. Ken West departs for an external role after leading Process Technology.

PA
Priya Anand · Equities & Earnings Desk · 20 Aug 2026 · 01:56 · 1 min read
Share
Honeywell reshuffles Process, Building Automation leadership

Honeywell (NASDAQ: HON) announced executive changes across two core business units, effective October 1, as part of ongoing leadership transitions within its Process Automation & Technology segment.

Billal Hammoud will assume the role of President and CEO of Process Technology, succeeding Ken West, who is leaving the company on August 31 to pursue an external opportunity. Hammoud, who most recently led Honeywell’s Building Automation business since 2023, previously oversaw Smart Energy and Thermal Solutions within the Performance Materials and Technologies division. His tenure at Building Automation saw annual organic growth rise from 2% in 2023 to 8% in 2025, according to company data.

Juan Picon has been appointed President and CEO of Building Automation, replacing Hammoud. Picon rejoined Honeywell in 2024 as President of the Fire Life Safety business before advancing to President of Building Automation Americas. His prior 18-year tenure at Honeywell included executive roles at Sensata Technologies, WESCO Distribution, and General Cable. In 2025, he received Honeywell’s Chairman’s Award.

Both Hammoud and Picon will report to Vimal Kapur, Honeywell’s Chairman and CEO. The company, which employs over 50,000 people, also highlighted Hammoud’s involvement in strategy execution and merger integration, including Honeywell’s $4.95 billion acquisition of Access Solutions.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
PA
Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

More from Priya Anand →
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
ADVERTISEMENT