Otis Worldwide Corporation (OTIS) NYSE
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Otis Worldwide Corporation
Address
One Carrier Place
Farmington, CT 06032
United States of America (the)
Phone
860 674 3000
Website
Sector
Industrials
Industry
Industrial - Machinery
Employees
72000
First IPO Date
March 19, 2020
Key Executives
| Name | Title | Pay | Year Born |
| Judith F. Marks | Chair, President & Chief Executive Officer | 3.79M | 1964 |
| Joseph Jay Armas | President of Otis Americas | 800,082 | N/A |
| Enrique Minarro Viseras | EVP & Chief Operating Officer | 1.47M | 1978 |
| Nora E. LaFreniere | Executive Vice President & General Counsel | 1.48M | 1971 |
| Thibault Pierre-Marie Lefébure | President of Otis Europe, Middle East & Africa | 1.73M | N/A |
| Peiming Zheng | Executive Vice President and Chief Product, Delivery & Customer Officer | 1.85M | 1968 |
| Sally A. Loh | President of Otis Greater China | 2.15M | 1974 |
| Cristina Mendez | Executive Vice President & Chief Financial Officer | 2.59M | 1981 |
| Haran Vela | Executive Vice President of Engineering | 0 | N/A |
| Michael Patrick Ryan | Senior Vice President & Chief Accounting Officer | 0 | 1970 |
| Nicolas Lopez | President of Asia Pacific (APAC) | 0 | N/A |
| Robert Quartaro | Vice President of Investor Relations | 0 | N/A |
| Randi Tanguay | Senior Vice President & Chief Communications Officer | 0 | N/A |
| Rina Leonard | Senior Vice President & Global Chief Information Officer | 0 | N/A |
Description
Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and numerous other international markets. The company's business is organized into two primary divisions: New Equipment and Service. Its New Equipment segment is responsible for the design, fabrication, sale, and fitting of a diverse array of passenger and freight elevators, escalators, and moving walkways, catering to residential and commercial properties, as well as large-scale infrastructure endeavors. Conversely, the Service segment offers extensive maintenance, repair, and modernization services aimed at upgrading existing elevator and escalator systems. Otis maintains a substantial global service footprint, employing approximately 34,000 service technicians across roughly 1,400 branches and offices. The company, established in 1853, is headquartered in Farmington, Connecticut.