OTIS WORLDWIDE CORP (OTIS)
Sector: Industrials
Sector: Industrials
OTIS WORLDWIDE CORP - Executive Compensation
Chair, Chief Executive Officer and President
Executive Compensation
Judy Marks is the Chair, Chief Executive Officer, and President of Otis Worldwide Corporation, a leading elevator and escalator manufacturing and service company. She assumed these roles in 2020, following the successful spin-off of Otis from United Technologies Corporation. Marks has been with the company since 2017, initially serving as President of Otis Americas, where she demonstrated strong leadership and a commitment to driving growth and innovation. Before joining Otis, Marks had an extensive career in the aerospace and defense industry. She spent nearly three decades at Lockheed Martin, where she held various leadership positions, including Executive Vice President of their Electronic Systems business and President of their Information Systems & Global Solutions business. Her experience in these roles equipped her with a deep understanding of complex global operations and a strategic mindset that she has effectively applied at Otis. Marks is known for her focus on customer satisfaction, operational excellence, and fostering a culture of continuous improvement. Under Marks' leadership, Otis has continued to strengthen its position as a global leader in the elevator and escalator industry. She has overseen the company's expansion into new markets and the development of innovative technologies, such as the Otis ONE™ IoT service platform, which enhances the reliability and efficiency of elevators and escalators. Marks is also committed to sustainability, with initiatives aimed at reducing the company's environmental footprint. Her strategic vision and dedication to excellence have been instrumental in driving Otis' success and positioning the company for future growth.