Otis Worldwide Corp.
Otis Announces New Chief Financial Officer
Summary
Otis Worldwide Corporation announced the resignation of its current CFO, Anurag Maheshwari, effective August 23, 2024, and the appointment of Cristina Méndez as his successor. Méndez, previously Senior Vice President, Finance EMEA & Transformation, will relocate to the United States on an expatriate assignment and receive a base salary of $770,000, a long-term incentive plan award of $2,390,000, and expatriate benefits. Both Maheshwari and Méndez will participate in the upcoming second-quarter earnings call on July 24, 2024.
Get alerts for OTIS
Be first to know when Otis Worldwide Corp. files with the SEC.
Filing Categories
Exhibits (2)
About Otis Worldwide Corp.
Otis Worldwide Corp. is a leading manufacturer and service provider in the vertical transportation industry, specializing in elevators, escalators, and moving walkways. Founded in 1853, the company has played a pivotal role in enhancing urban mobility across residential, commercial, and industrial buildings globally. Otis stands out for its advanced engineering solutions and commitment to safety and sustainability, delivering reliable and efficient transportation systems that cater to the modern needs of skyscrapers and high-capacity structures. With a focus on innovation, Otis continues to develop smart and connected products that improve building efficiency and user experience, such as the Otis ONE IoT platform for predictive maintenance. Operating in over 200 countries, Otis is a critical player in the infrastructure sector, contributing to the functionality and modernization of urban environments. As a result, it holds significant importance within the engineering and construction industries, influencing trends and standards in building design and operational excellence.
Official SEC Documents