Otis Worldwide Corporation (OTIS) NYSE

Currency In USD

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Otis Worldwide Corporation

Address

One Carrier Place

Farmington, CT 06032

United States of America (the)

Phone

860 674 3000

Sector

Industrials

Industry

Industrial - Machinery

Employees

72000

First IPO Date

March 19, 2020

Key Executives

NameTitlePayYear Born
Judith F. MarksChair, President & Chief Executive Officer3.79M1964
Joseph Jay ArmasPresident of Otis Americas800,082N/A
Enrique Minarro ViserasEVP & Chief Operating Officer1.47M1978
Nora E. LaFreniereExecutive Vice President & General Counsel1.48M1971
Thibault Pierre-Marie LeféburePresident of Otis Europe, Middle East & Africa1.73MN/A
Peiming ZhengExecutive Vice President and Chief Product, Delivery & Customer Officer1.85M1968
Sally A. LohPresident of Otis Greater China2.15M1974
Cristina MendezExecutive Vice President & Chief Financial Officer2.59M1981
Haran VelaExecutive Vice President of Engineering0N/A
Michael Patrick RyanSenior Vice President & Chief Accounting Officer01970
Nicolas LopezPresident of Asia Pacific (APAC)0N/A
Robert QuartaroVice President of Investor Relations0N/A
Randi TanguaySenior Vice President & Chief Communications Officer0N/A
Rina LeonardSenior Vice President & Global Chief Information Officer0N/A
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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.

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