Otis Worldwide Corporation
Farmington, Connecticut, United States · Consumer Services, Manufacturing
At Otis, we are dedicated to connecting you to the people and places that matter. For over 160 years, we’ve continually reinvented the way our passengers move through the urban world with industry-leading elevators, escalators and moving walkways.
Key facts
- Headquarters
- Farmington, Connecticut, United States
- Employees
- 72,000
- Industries
- Consumer Services, Manufacturing
- Status
- Public (OTIS)
- Website
- otis.com
- Company page
Recent activity at Otis Worldwide Corporation
- : SEC 8-K (8.01): On November 5, 2026, Otis Worldwide Corporation issued $500 million aggregate principal amount of its 5.825% Notes due 2036, registered under the Securities Act. The issuance was facilitated through an Underwriting Agreement entered on November 2, 2026, with Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, and HSBC Securities (USA) Inc. The net proceeds from this offering are estimated to be approximately $495.3 million, which the Company plans to use for repaying its existing 2.293% Notes due in April 2027. The notes will mature on November 5, 2036, and bear interest payable semi-annually starting May 5, 2027. This move reflects strategic financial management by Otis Worldwide Corporation in refinancing existing debt.
- : Otis Worldwide Corporation Announces Judy Marks' Retirement as CEO
- : SEC 8-K (5.02): On September 15, 2026, Otis Worldwide Corporation announced the retirement of Judith F. Marks, its Chair, Chief Executive Officer, and President. Her retirement will be effective upon the earlier of her successor's commencement or July 31, 2027. In conjunction with this, Otis Worldwide has entered into a Transition Agreement with Ms. Marks on September 13, 2026, which allows her to assist in a comprehensive search for her successor, being conducted by a committee chaired by Christopher J. Kearney and supported by Spencer Stuart. Ms. Marks will remain in her roles until the Transition Date and will serve as a non-employee senior advisor if her successor is appointed before the end of July 2027, with her equity awards continuing to vest during this period.
- : Otis Worldwide Corporation launches Gen3 MOD elevator modernisation solutions in EMEA.
- : Otis Worldwide Appoints Ong Chew Seng as Managing Director, Singapore
- : SEC 8-K (8.01): On May 7, 2026, Otis Worldwide Corporation issued $700,000,000 aggregate principal amount of its 4.488% Notes due 2029. The issuance was registered under the Securities Act of 1933 and was facilitated through an Underwriting Agreement with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and SMBC Nikko Securities America, Inc. The net proceeds of approximately $695.2 million from this offering will be used to repay existing debt, specifically the 0.318% Notes due December 15, 2026, and to fund general corporate purposes. The Otis Notes will mature on May 7, 2029, with semi-annual interest payments starting November 7, 2026.
- : SEC 8-K (2.02): On April 22, 2026, Otis Worldwide Corporation announced its financial results for the first quarter of 2026, revealing key metrics relevant to its operational performance. The announcement indicates a strategic insight into the company’s profitability and operational efficiency during this period. The financial press release, which is included as Exhibit No. 99 to the filing, provides detailed figures that could influence investor perceptions and market behavior. Such disclosures are essential for shareholders to understand the company’s financial health and future outlook.
- : Otis Worldwide Corporation launches Viva solutions aimed at improving mobility for aging populations.
- : SEC 8-K (2.02): On January 28, 2026, Otis Worldwide Corporation reported its financial results for the fourth quarter and the year ended December 31, 2025. The announcement indicates key financial performance metrics and analyses of the company's operations for the past fiscal year. Specific figures from the results will provide insights into revenue, earnings per share, and other critical indicators of the company's financial health. The timely disclosure of this information aids investors and stakeholders in evaluating Otis's market position and future prospects.
- : SEC 8-K (5.02):
Leadership
- Judy Marks, Chair, President & CEO
- Shaik Ali, Director - Salesforce Practice Head
- Saad Elbarbary, Global Field Mobility Manager, Egypt IT Director
- Ong Chew Seng, Director
- Cristina Méndez, Chief Financial Officer
- Enrique Miñarro Viseras, President
- Tracy Embree, President
Verified email and direct lines for Otis Worldwide Corporation’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Otis Worldwide Corporation files 4 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Otis Worldwide Corporation in the news
- Otis Implements Long-Standing CEO Succession Plan - PR Newswire (Sep 15, 2026)
- Otis to Provide More Than 250 Elevators and Escalators to Tianjin 117 Tower, China's New Supertall Landmark - PR Newswire (Aug 17, 2026)
- Otis introduces Gen3™ elevator modernisation solutions in EMEA - PR Newswire (Jun 30, 2026)
- Otis Second Quarter 2026 Earnings Advisory - Yahoo Finance (Jul 01, 2026)
- Otis Worldwide (OTIS): Company Profile, Stock Price, News, Rankings - Fortune (Jun 03, 2026)
- Otis Elevator Company Recalls to Inspect Private Residence Elevators Due to Entrapment Hazard; Risk of Serious Injury or Death to Young Children | CPSC.gov - CPSC.gov (Dec 17, 2020)
- Otis Launches Robust™ Heavy-Duty Elevator Range for Data Centers and Mission-Critical Infrastructure - PR Newswire (Apr 14, 2026)
- Otis Champions Inclusive Mobility for Aging Populations - PR Newswire (Mar 10, 2026)
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About Otis Worldwide Corporation: questions and answers
What does Otis Worldwide Corporation do?
At Otis, we are dedicated to connecting you to the people and places that matter. For over 160 years, we’ve continually reinvented the way our passengers move through the urban world with industry-leading elevators, escalators and moving walkways.
Where is Otis Worldwide Corporation headquartered?
Otis Worldwide Corporation is headquartered in Farmington, Connecticut, United States.
How many employees does Otis Worldwide Corporation have?
Otis Worldwide Corporation has about 72,000 employees.
Who leads Otis Worldwide Corporation?
Judy Marks is a Chair, President & CEO at Otis Worldwide Corporation.
What is the latest news on Otis Worldwide Corporation?
On Nov 05, 2026, SEC 8-K (8.01): On November 5, 2026, Otis Worldwide Corporation issued $500 million aggregate principal amount of its 5.825% Notes due 2036, registered under the Securities Act. The issuance was facilitated through an Underwriting Agreement entered on November 2, 2026, with Citigroup Global Markets
Is Otis Worldwide Corporation a public company?
Yes. Otis Worldwide Corporation is publicly traded under the ticker OTIS.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy