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Leadership changes · OTIS · SEC Form 8-K, Item 5.02

Leadership changes at Otis Worldwide Corp (2026)

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Who joined and who left Otis Worldwide Corp (OTIS)? 1 appointment and 1 departure reported on 2026-09-15, each cited to the company's own filing.

Judith F. Marks' departure as Chief Executive Officer of Otis Worldwide Corp was reported; the filing names no successor. As of November 6, 2026, Otis Worldwide Corp has reported one leadership change filing to the SEC under Item 5.02 of Form 8-K, on September 15, 2026, naming 1 appointment and 1 departure (Form 8-K, September 15, 2026).

Otis Worldwide Corp announced the departure of its Chief Executive Officer on Sep 15. 30 companies changed executives this week.

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JPMORGAN CHASE & CO. also filed stake reports on 116 other companies ↓

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Changes2
In (appointed)1
Out (departing)1
Latest filing2026-09-15

Otis Worldwide Corp reported a change among its directors and officers to the SEC on Form 8-K, Item 5.02, on 2026-09-15. It names 1 person, with 1 appointment and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as Otis Worldwide Corp files it.

Also on the record for Otis Worldwide Corp

DateRecordFigureOur pageSource
April 30, 2026Stake report, Schedule 13G, by Vanguard Capital Management7.48% of the class5%+ stakesSource
April 29, 2026Stake report, Schedule 13G, by Vanguard Portfolio Management5.08% of the class5%+ stakesSource
March 27, 2026Stake report, Schedule 13G/A, by The Vanguard Group—5%+ stakesSource
September 4, 2025Stake report, Schedule 13G/A, by JPMORGAN CHASE & CO.2.4% of the class5%+ stakesSource
July 29, 2025Stake report, Schedule 13G/A, by The Vanguard Group12.3% of the class5%+ stakesSource
July 24, 2025Stake report, Schedule 13G/A, by JPMORGAN CHASE & CO.5.5% of the class5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-09-15OutChief Executive Officer8-K, 2026-09-15
2026-09-15In8-K, 2026-09-15

Who leads Otis Worldwide Corp, as last reported?

For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.

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Every change, in the filing's words

Filed 2026-09-15 · 8-K

Departing: Judith F. Marks, Chief Executive Officer

On September 15, 2026, Otis Worldwide Corporation (the "Company") announced that the Board of Directors of the Company (the "Board") and Judith F. Marks, the Company's Chair, Chief Executive Officer and President, have agreed that Ms. Marks will retire from the Company effective on the earlier of (i) the date her successor commences service as the Company's Chief Executive Officer and President, which is currently expected to occur during the first half of 2027, and (ii) July 31, 2027 (such earlier date, the "Transition Date").

Appointed: Judith F. Marks

However, if the Transition Date occurs before July 31, 2027, Ms. Marks will serve as a non-employee senior advisor through July 31, 2027 to support the leadership transition.

Also stated in this filing

  • Ms. Marks will also resign from the Board effective as of the Transition Date.
  • As part of the Board's ongoing succession-planning process, the Board is conducting a comprehensive search to identify the Company's next Chief Executive Officer, with which Ms. Marks will assist.
  • The search is being overseen by a succession committee of the Board chaired by Christopher J. Kearney.
  • The succession committee has retained Spencer Stuart, a leading global executive search firm, to assist with the search, which is considering both internal and external candidates.
  • In connection with this transition, the Company and Ms. Marks entered into a letter agreement on September 13, 2026 (the "Transition Agreement").
  • Under the Transition Agreement, Ms. Marks will continue to serve as the Company's Chair, Chief Executive Officer and President through the Transition Date and will resign from the Board and all other positions with the Company and its subsidiaries effective as of that date.
  • Furthermore, if Ms. Marks is terminated by the Company without cause, or if Ms. Marks resigns following the Company's material breach of the Transition Agreement, then the date of such termination of employment will constitute the Transition Date, and her service as a senior advisor will commence.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/executive-changes/otis-worldwide
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Otis Worldwide Corp CEO Judith F. Marks departs (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/otis-worldwide