8-KItem 5.02 · Officer/Director ChangeItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
Otis CEO Judy Marks to retire by July 2027 as company begins successor search
Filed with the SEC on · Summarized by InvestorsBot
Otis said Chair, CEO and President Judy Marks will retire when her successor starts, expected in the first half of 2027, or no later than July 31, 2027, and will then resign from the Board. The company’s succession committee, chaired by Christopher J. Kearney, has hired Spencer Stuart to consider internal and external candidates; Marks may remain a non-employee senior advisor through July 31, 2027, with her equity awards continuing to vest under their terms.