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Otis Worldwide (US:OTIS) — Company Overview, News & Financial Data

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Company profile

About Otis Worldwide

Otis Worldwide (NYSE:OTIS) specializes in the manufacturing, installation, and servicing of elevators, escalators, and moving walkways. It's known for its innovative solutions in vertical transportation for buildings of all kinds, ranging from residential complexes to commercial and high-rise projects worldwide. Otis is committed to safety, sustainability, and smart urban mobility, constantly aiming to redefine what's possible in the movement of people within buildings. The company's efforts to integrate digital technologies for enhanced performance and user experience underscore its objective to be at the forefront of the industry. Its sole stock market listing is on the New York Stock Exchange under the symbol NYSE:OTIS, reflecting its global operations and focus on delivering seamless, efficient, and reliable services to customers around the globe.

Snapshot

Public USOwnership
1853Year founded
24352Employees
Farmington, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of Otis Worldwide

  • Elevator and escalator manufacturing, focusing on safety, efficiency, and innovative design.
  • Gen2® elevator technology, featuring a flat belt, energy efficiency, and smooth ride.
  • Otis ONE™ IoT service solution, offering predictive maintenance through advanced analytics.
  • CompassPlus® destination management system, enhancing traffic handling and passenger experience in buildings.
  • SkyRise® high-speed elevators, designed for the world’s tallest buildings, offering unparalleled speed and comfort.
  • HydroFit® machine-room-less hydraulic elevator, optimizing space and energy efficiency in low-rise buildings.

Otis Worldwide executive team

  • Ms. Judith F. MarksChair, President & CEO
  • Ms. Cristina MendezExecutive VP & CFO
  • Ms. Nora E. LaFreniereExecutive VP & General Counsel
  • Mr. Peiming ZhengExecutive VP and Chief Product, Delivery & Customer Officer
  • Mr. Enrique Minarro ViserasPresident of Otis Europe, Middle East & Africa
  • Mr. Michael Patrick RyanSenior VP & Chief Accounting Officer
  • Ms. Rina LeonardSenior VP & Global Chief Information Officer
  • Mr. Robert QuartaroVice President of Investor Relations
  • Ms. Randi TanguaySenior VP & Chief Communications Officer
  • Ms. Robin FialaSenior Vice President of Sales & Marketing