OTIS · NYSE

Otis Worldwide

Industrial Machinery & Supplies & Components · Farmington, Connecticut · founded 2020 (1853,United Technologiesspinoff)

Board members
10
CEO
Judith Fran Marks
Insider buys, 12 mo
$0
Insider sales, 12 mo
$17.0M

Board of directors (10)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

Judith Fran Marks
Chair, CEO and Presidentsince Nov 2020+1 S&P board
Christopher J. Kearney
Executive Chairmansince Apr 2020+1 S&P board
Jeffrey Harry Black
Directorsince Mar 2020
Shelley Stewart, Jr.
Directorsince Apr 2020
Kathy Hopinkah Hannan
Directorsince Apr 2020
John H. Walker
Directorsince Apr 2020
Margaret M. Preston V
Directorsince Apr 2020+1 S&P board
Nelda J. Connors
Directorsince Oct 2022+3 S&P boards
Jill Brannon
Directorsince Oct 2023
Thomas A. Bartlett
Directorsince Oct 2023+1 S&P board

Executive officers (13)

Judith Fran Marks
Chair, CEO and Presidentsince Mar 2020
Echevarria Maria Cristina Mendez
EVP & CFOsince Aug 2024
Michael Patrick Ryan
SVP, CAO & Controllersince Apr 2020
Stephane De Montlivault
President, Otis Asia Pacificsince Apr 2020
Nora E. Lafreniere
EVP, General Counselsince Apr 2020
Peiming Zheng
EVP, Chief Product, Deliverysince Apr 2020
Sally Loh
President, Otis Greater Chinasince Mar 2023
Viseras Enrique Minarro
EVP & CHIEF OPERATING OFFICERsince Oct 2023
Neil Green
EVP & Chief Digital Officersince Jan 2024
Joseph Jay Armas
President, Otis Americassince May 2025
Kimberly Shannon Gosk
EVP & CPOsince Aug 2025
Thibault Pierre Marie Lefebure
President, Otis EMEAsince Jan 2026
Nicolas Eduardo Lopez
President, Otis Asia Pacificsince Mar 2026

Company facts

Chair
Judith Fran Marks
In S&P 500 since
Apr 2020
Incorporated in
DE
Fiscal year ends
December
SEC industry
Electronic & Other Electrical Equipment (No Computer Equip)
SEC filings
EDGAR

Connections to other S&P 500 companies

Current directors and officers who also hold a role at another S&P 500 company.

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$0
0 trades · 0 insiders
Sales, 12 mo
$17.0M
10 trades · 7 insiders
Net, 12 mo
-$17.0M
Data through
Nov 3, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
Nov 3, 2026Joseph Jay Armas
President, Otis Americas
Sale575$78.02$45K
Nov 3, 2026Joseph Jay Armas
President, Otis Americas
Sale260$77.14$20K
May 7, 2026Thibault Pierre Marie Lefebure
President, Otis EMEA
Sale1,628$76.89$125K
Feb 12, 2026Stephane De Montlivault
President, Otis Asia Pacific
Sale47,944$92.25$4.4M
Feb 10, 2026Michael Patrick Ryan
SVP, CAO & Controller
Sale1,182$90.06$106K
Feb 10, 2026Nora E. Lafreniere
EVP, General Counsel
Sale25,625$90.38$2.3M
Feb 10, 2026Nora E. Lafreniere
EVP, General Counsel
Sale1,793$90.38$162K
Feb 5, 2026Judith Fran Marks
Chair, CEO and President
Sale56,107$90.89$5.1M
Feb 4, 2026Judith Fran Marks
Chair, CEO and President
Sale46,780$89.57$4.2M
Feb 2, 2026Neil Green
EVP & Chief Digital Officer
Sale6,000$86.45$519K
Nov 5, 2025Michael Patrick Ryan
SVP, CAO & Controller
Sale3,028$91.69$278K
Mar 10, 2025Stephane De Montlivault
President, Otis Asia Pacific
Sale3,623$105.34$382K
Mar 10, 2025Stephane De Montlivault
President, Otis Asia Pacific
Sale3,037$105.25$320K
Feb 13, 2025Stephane De Montlivault
President, Otis Asia Pacific
Sale25,003$97.14$2.4M
Feb 10, 2025Judith Fran Marks
Chair, CEO and President
Sale28,440$95.77$2.7M
Feb 10, 2025Nora E. Lafreniere
EVP, General Counsel
Sale1,700$95.91$163K
Feb 5, 2025Nora E. Lafreniere
EVP, General Counsel
Sale4,775$94.41$451K
Feb 5, 2025Judith Fran Marks
Chair, CEO and President
Sale38,012$94.41$3.6M
Jan 31, 2025Peiming Zheng
EVP, Chief Product, Delivery
Sale17,293$95.74$1.7M
Jan 31, 2025Peiming Zheng
EVP, Chief Product, Delivery
Sale15,401$95.08$1.5M
Nov 8, 2024Michael Patrick Ryan
SVP, CAO & Controller
Sale5,638$100.95$569K
Nov 7, 2024Abbe Luersman
EVP & CPO
Sale9,000$101.02$909K
May 7, 2024Peiming Zheng
EVP, Chief Product, Delivery
Sale30,364$93.69$2.8M
Feb 21, 2024Stephane De Montlivault
President, Otis Asia Pacific
Sale18,393$91.10$1.7M
Feb 20, 2024Nora E. Lafreniere
EVP, General Counsel
Sale22,106$90.87$2.0M

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. Sep 15, 2026

    On September 15, 2026, Otis Worldwide Corporation (the “Company”) announced that the Board of Directors of the Company (the “Board”) and Judith F. Marks, the Company’s Chair, Chief Executive Officer and President, have agreed that Ms. Marks will retire from the Company effective on the earlier of (i) the date her successor commences service as the Company’s Chief Executive Officer and President, which is currently expected to occur during the first half of 2027, and (ii) July 31, 2027 (such earlier date, the “Transition Date”). Ms. Marks will also resign from the Board effective as of the Transition Date. As part of the Board’s ongoing succession-planning process, the Board is conducting a comprehensive search to identify the Company’s next Chief Executive Officer, with which Ms. Marks will assist.

    Read the 8-K filing
  2. Jan 20, 2026

    (c) Appointment of Chief Operating Officer On January 13, 2026, the Board of Directors appointed Enrique Miñarro Viseras to serve as Chief Operating Officer, effective January 16, 2026. Mr. Miñarro Viseras, 48, has worked at the Company since October 2023 as its President, Otis EMEA (including serving from May 2025 to December 2025 as its President, Otis EMEA & Latin America). Prior to that, Mr. Miñarro Viseras served at Ingersoll Rand as Senior Vice President and General Manager, Global Precision and Science Technologies in 2023 and Senior Vice President and General Manager, Industrial Technologies & Services EMEIA and Pressure & Vacuum Solutions from 2020 to 2023. There are no family relationships between Mr. Miñarro Viseras and any director, director nominee, or executive officer of the Company, and Mr.

    Read the 8-K filing
  3. Aug 26, 2025

    (b) Director Resignation On August 24, 2025, Shailesh Jejurikar, a member of the Board of Directors (the “ Board ”) of Otis Worldwide Corporation (the “ Company ”) and Chair of the Compensation Committee, notified the Company that he will resign from the Board effective September 9, 2025. Mr. Jejurikar’s decision to resign from the Board was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On August 26, 2025, the Board decreased the size of the Board from eleven (11) directors to ten (10) directors, effective September 9, 2025. New Committee Assignments As a result of Mr. Jejurikar’s resignation, the Board approved changes to the composition of certain of the Board’s committees.

    Read the 8-K filing
  4. Sep 20, 2024

    (e) Entry into a Compensatory Arrangement As contemplated when Otis Worldwide Corporation (the “Company”) announced the promotion of Cristina Méndez as its new Executive Vice President and Chief Financial Officer in a Current Report on Form 8-K dated July 19, 2024, a Swiss-based subsidiary of the Company has entered into an amended and restated employment agreement (the “Agreement”) with Ms. Méndez. The Agreement formalizes the terms of the offer letter that was provided to Ms. Méndez and disclosed when her appointment was announced. Pursuant to the Agreement, Ms. Méndez was appointed as the Company’s Executive Vice President and Chief Financial Officer effective August 23, 2024. In her new role, she receives an annual base salary of $770,000. Ms.

    Read the 8-K filing
  5. Jul 19, 2024

    (b) Resignation of Chief Financial Officer Anurag Maheshwari, Executive Vice President and Chief Financial Officer, has provided Otis Worldwide Corporation (the “Company”) with notice that he will be resigning his position with the Company, effective August 23, 2024, to pursue external opportunities. Mr. Maheshwari’s resignation was not a result of any dispute or disagreement with the Company. (c) Appointment of Chief Financial Officer The Board of Directors has appointed Cristina Méndez as the Company’s Executive Vice President and Chief Financial Officer, effective August 23, 2024. Ms. Méndez, 44, has worked at the Company since February 2022 in Switzerland as its Senior Vice President, Finance EMEA & Transformation. Prior to that, Ms. Méndez most recently served as Senior Vice President, Director Controlling, Telefonica Deutschland from 2018 to 2022.

    Read the 8-K filing
  6. Oct 24, 2023

    (b) On October 19, 2023, Harold W. McGraw III announced that he will retire from the Board of Directors (the “Board”) of Otis Worldwide Corporation (the “Company”), effective December 7, 2023. (d) On October 24, 2023, the Board appointed Thomas Bartlett and Jill Brannon to its Board of Directors, effective October 27, 2023, with their terms expiring at the 2024 Annual Meeting of Shareholders. With the additions of Bartlett and Brannon, and the retirement of McGraw, the Otis Board will have 11 members. The Board has appointed Mr. Bartlett to the Audit Committee and the Compensation Committee and Ms. Bannon to the Audit Committee and the Nominations and Governance Committee, each effective as of October 27, 2023. The Board has determined that Mr. Barlett and Ms.

    Read the 8-K filing
  7. Feb 27, 2023

    Effective March 1, 2023, Peiming (Perry) Zheng, a named executive officer of Otis Worldwide Corporation (the “Company”), will cease serving as President, Otis China. Mr. Zheng will continue to serve the Company as its Executive Vice President, Chief Product, Delivery and Customer Officer and will continue to serve as an executive officer. Section 8 – Other Events

    Read the 8-K filing
  8. Oct 24, 2022

    (d) On October 24, 2022, the Board of Directors (the “Board”) of Otis Worldwide Corporation (the “Company”) appointed Nelda J. Connors as a director of the Company, effective October 28, 2022, with a term expiring at the 2023 Annual Meeting of Shareowners. In connection with the appointment of Ms. Connors, the Board increased its size from 9 to 10 directors. The Board has appointed Ms. Connors to the Audit Committee and the Compensation Committee, effective October 28, 2022. The Board has determined that Ms. Connors qualifies as an independent director under the New York Stock Exchange listing standards and the Company's Director Independence Policy. Ms. Connors will participate in the compensation program for non-employee directors as described in Exhibits 10.10 and 10.27 to Otis Annual Report on Form 10-K (Commission file number 001-39221) for the fiscal year ended December 31, 2021.

    Read the 8-K filing
  9. Jun 27, 2022

    Resignation of Chief Financial Officer Rahul Ghai, Executive Vice President and Chief Financial Officer, has provided Otis Worldwide Corporation (the “Company”) with notice that he will be resigning his position with the Company, effective August 12, 2022, to join another company. Mr. Ghai’s resignation was not a result of any dispute or disagreement with the Company. Appointment of Chief Financial Officer The Board of Directors has appointed Anurag Maheshwari as its Executive Vice President and Chief Financial Officer, effective August 12, 2022. Mr. Maheshwari, 48, has worked at the Company since February 2020 as its Vice President, Finance, Information Technology and Chief Transformation Officer, Otis Asia Pacific. Prior to that, Mr.

    Read the 8-K filing
  10. Jan 11, 2021

    Laurie P. Havanec , Executive Vice President and Chief People Officer, has provided Otis Worldwide Corporation (the “Company”) with notice of her intent to leave the Company as of February 5, 2021. Ms. Havanec will be joining CVS Health to take the role of Executive Vice President and Chief People Officer. The Company has initiated a search for Ms. Havenec’s replacement. Section 9—Financial Statements and Exhibits

    Read the 8-K filing
  11. Sep 18, 2020

    On September 18, 2020, the Compensation Committee of the Board of Directors of Otis Worldwide Corporation (the “Company”) adopted the Executive Leadership Group Severance Plan (the “Severance Plan”) for its executive leadership group (“ELG”). This group currently consists of each of the Company’s executive officers other than the Company’s Chief Accounting Officer. The Severance Plan provides for the payment of severance and other benefits upon an involuntary termination of employment that is for reasons other than Cause, Disability (as such terms are defined in the Severance Plan) or death and that is not a qualifying termination under the Company’s Change in Control Severance Plan.

    Read the 8-K filing
  12. Apr 3, 2020

    Appointment of Officers In connection with the Separation and the Distribution, effective as of the Effective Time, the following individuals, who had been previously serving in their positions shown below, continued as executive officers of the Company as set forth in the table below: Judith F. Marks President and Chief Executive Officer Rahul Ghai Vice President and Chief Financial Officer Michael P.

    Read the 8-K filing

Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021

Share price

$78.96+75% since 2020 board/officer change filed
48.1775.50103202120222023202420252026

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2025$14.4B$1.4B9.6%$3.50$10.7B
FY2024$14.3B$1.6B11.5%$4.07$11.3B
FY2023$14.2B$1.4B9.9%$3.39$10.1B
FY2022$13.7B$1.3B9.2%$2.96$9.8B
FY2021$14.3B$1.2B8.7%$2.89$12.3B
FY2020$12.8B$906.0M7.1%$2.08$10.7B
FY2019$13.1B$1.1B8.5%$2.55$9.7B
FY2018$12.9B$1.0B8.1%$2.42—

Former directors and officers (13)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
Shailesh Jejurikar
DirectorApr 2020 – May 2025
Abbe Luersman
EVP & CPOAug 2021 – Feb 2025
Tracy A. Embree
President, Otis AmericasOct 2023 – Feb 2025
Anurag Maheshwari
EVP & CFOAug 2022 – Feb 2024
Fernandez Bernardo Calleja
President, Otis EMEANov 2020 – Jul 2023
James F. Cramer
President, Otis AmericasJun 2020 – Jun 2023
Harold McGraw III
DirectorApr 2020 – May 2023
Rahul Ghai
EVP, CFOMar 2020 – Aug 2022
Laurie P. Havanec
EVP & Chief People OfficerApr 2020 – Jan 2021
Richard M. Eubanks
President, Otis EMEAApr 2020 – Jun 2020
Sean P. Moylan
DirectorMar 2020 – Mar 2020
Gregory A. Marshall
DirectorMar 2020 – Mar 2020
Christopher Witzky
DirectorMar 2020 – Mar 2020
Otis Worldwide (OTIS) board, executives and insiders | USBoard