Otis appoints Enrique Miñarro Viseras as COO—Board action Jan 13, 2026; effective Jan 16, 2026.
Filed with the SEC on · Summarized by InvestorsBot
Otis appoints Enrique Miñarro Viseras as COO—Board action Jan 13, 2026; effective Jan 16, 2026. He’s been President, Otis EMEA since Oct 2023 (also EMEA & LatAm May–Dec 2025); ex-Ingersoll Rand exec. No related-party issues. $OTIS 🏗️👤 #Leadership #CorporateGovernance
Compensation update: base salary increased to $820,000; short‑term incentive target 120% of salary; annual equity award target $3.5M starting FY2026 under the 2020 LTIP. Compensation Committee approved amendment. $OTIS 💼📈 #Compensation #ExecPay
Ongoing benefits include standard exec plans, up to $16,000 financial counseling and annual executive health exam. Offer letter filed as Exhibit 10.1 to the 8‑K. Implication: operational leadership strengthened amid material pay increase. $OTIS 📝🔍 #InvestorAlert #Governance