Honeywell has announced that William Yu has been appointed as President of Honeywell China. He will also continue to serve as Vice President and General Manager of Asia Pacific for Honeywell’s Performance Materials and Technologies (PMT) business.
Yu joined Honeywell in January 2017. Under his leadership, the PMT China business grew by more than 50% over the past two years. Yu implemented a strong ‘east-for-east’ business strategy and tripled PMT revenue coming from that initiative in China.
“Honeywell is a worldwide leader in developing state-of-the-art technologies for the Industrial Internet of Things, and our long history of innovation in China has been a critical part of the company’s success,” said Shane Tedjarati, president of Honeywell global High Growth Regions. “William has a proven leadership track record across multiple businesses and industries and is the right person to drive our business’ continued growth across China.”
Rajeev Gautam, president and chief executive officer of PMT said, “William has been and will continue to be a tremendous asset to the PMT business. He has built strong customer relationships, delivered on critical customer commitments, and driven exceptional business performance. His talent will now drive strong results for all Honeywell businesses in China.”
Prior to joining Honeywell, Yu was the senior vice president and president of APAC for Allegion, a spin-off from Ingersoll Rand and a global pioneer in safety and security. Before that, he served in senior executive roles at Ingersoll Rand.
Honeywell China is a significant contributor to the company’s overall growth, and each of Honeywell’s four strategic business groups has a substantial presence in the country. Honeywell now employs about 13 000 people in more than 30 cities across China. About 20% of Honeywell’s employees in China are scientists and engineers.
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