Otis Worldwide Management
Management criteria checks 3/4
Otis Worldwide's CEO is Judy Marks, appointed in Apr 2020, has a tenure of 4.08 years. total yearly compensation is $15.92M, comprised of 8.6% salary and 91.4% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth €13.21M. The average tenure of the management team and the board of directors is 3.5 years and 4.1 years respectively.
Key information
Judy Marks
Chief executive officer
US$15.9m
Total compensation
| CEO salary percentage | 8.6% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$16m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$14m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$14m | US$1m | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$12m | US$1m | US$906m |
| Sep 30 2020 | n/a | n/a | US$873m |
| Jun 30 2020 | n/a | n/a | US$924m |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$7m | US$956k | US$1b |
| Dec 31 2018 | US$7m | US$869k | US$1b |
Compensation vs Market: Judy's total compensation ($USD15.92M) is above average for companies of similar size in the BG market ($USD4.38M).
Compensation vs Earnings: Judy's compensation has been consistent with company performance over the past year.
CEO
Judy Marks (59 yo)
4.1yrs
Tenure
US$15,924,194
Compensation
Mrs. Judith F. Marks, also known as Judy, serves as President and Chief Executive Officer at Otis Worldwide Corporation (also known as Otis Elevator Company, Inc) since April 2020, has been its Chair since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 4.1yrs | US$15.92m | 0.038% $ 13.2m | |
| Executive VP & CFO | 1.8yrs | US$4.74m | 0.0082% $ 2.8m | |
| Executive VP & Chief Product | 4.1yrs | US$5.18m | 0.0081% $ 2.8m | |
| President of Otis Americas | less than a year | US$6.69m | no data | |
| President of Otis Europe | less than a year | US$5.70m | no data | |
| Executive Vice President of Operations | no data | no data | no data | |
| Senior VP & Chief Accounting Officer | 4.1yrs | no data | 0.00019% $ 65.7k | |
| VP & Global Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief General Counsel | 4.1yrs | US$2.91m | 0.0062% $ 2.1m | |
| Senior VP & Chief Communications Officer | no data | no data | no data | |
| Vice President of Sales & Marketing | no data | no data | no data | |
| Executive VP & Chief People Officer | 2.8yrs | no data | 0.0033% $ 1.1m |
3.5yrs
Average Tenure
52yo
Average Age
Experienced Management: 4PG's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 4.1yrs | US$15.92m | 0.038% $ 13.2m | |
| Director | 4.1yrs | US$335.00k | 0.0055% $ 1.9m | |
| Independent Director | less than a year | US$187.50k | 0.00011% $ 38.0k | |
| Independent Director | 4.1yrs | US$355.50k | 0.00024% $ 82.9k | |
| Independent Director | 4.1yrs | US$350.00k | 0% $ 0 | |
| Independent Director | 4.1yrs | US$325.00k | 0% $ 0 | |
| Independent Lead Director | 4.1yrs | US$367.50k | 0% $ 0 | |
| Independent Director | 1.6yrs | US$350.00k | 0% $ 0 | |
| Independent Director | 4.1yrs | US$370.00k | 0.000070% $ 24.2k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 4.1yrs | US$335.00k | 0.000060% $ 20.7k |
4.1yrs
Average Tenure
64yo
Average Age
Experienced Board: 4PG's board of directors are considered experienced (4.1 years average tenure).