Judy Marks
Chair, Chief Executive Officer and President
Executive
4 yr
5 reports
Otis Worldwide Corporation ·OTIS
Global regional presidents and a newly elevated COO report to the CEO
Industrials · Fortune #303 · Hybrid structure · 72K employees · Farmington, Connecticut
View as of:
3
CEO span
↓ tighter than peers (avg 8)
1.5
Avg span
tight
3
Max depth
3 levels
2 yr
Avg tenure
↓ 1.1yr from FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$14.4B
Operating income
$2.1B
Net income
$1.4B
Total assets
$10.7B
Shares out
389M
Sourced from Otis Worldwide Corporation DEF 14A · filed 2026-04-17 ↗ View on SEC
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Otis Worldwide is led by a CEO with a tight executive span, supported by a newly elevated global COO and powerful regional presidents. This page maps the current executive structure, analyzes its operational implications, and compares Otis’ leadership model with key elevator‑industry peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Perry Zheng departed as Chief Product, Delivery and Customer Officer
Employment terminated February 28, 2026.
Source · See change logScenario views in the chart
- Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to accelerate predictive maintenance and digital services.
- Shift regional presidents under COO Move regional presidents to report to the COO to further standardize global operations.
Atlas work this supports
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The people
Who's running this
4 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Cristina Méndez
Executive Vice President & Chief Financial Officer
Finance
2 yr
1 reports
internal
Enrique Miñarro Viseras
Executive Vice President & Chief Operating Officer
Operations
0 yr
1 reports
Sally Loh
President, Otis Greater China
Regional Operations
3 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Judy Marks $17.0M
- Base salary
- $1.40M
- Stock awards
- $13.18M
- Option awards
- $1.97M
- Other
- $429K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
5×Director cash retainer
Non‑employee directors must hold shares equal to 5x annual cash retainer.
The businesses
How Otis Worldwide Corporation divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Finance
3K employees
Executive Vice President & CFO (Cristina Méndez)
Oversees global finance, accounting, treasury and investor relations.
Global Operations
55K employees
Executive Vice President & COO (Enrique Miñarro Viseras)
Manages manufacturing, installation, service and modernization worldwide.
Greater China
12K employees
President, Otis Greater China (Sally Loh)
Leads Otis’ largest regional market across sales, service and operations.
The thesis
Why this org is unusual
The most distinctive feature of Otis’ structure is the elevation of a global COO role in early 2026 alongside powerful regional presidents reporting directly to the CEO.
Judy Marks maintains a relatively tight span of control, with finance, operations and major geographies reporting directly to her. The addition of a formal COO consolidates global operations that were previously led primarily through regional presidents.
This hybrid structure reflects Otis’ service‑intensive, geographically dispersed business model. Regions such as Greater China are run by powerful presidents with P&L accountability, while finance and operations remain centralized. The COO role, filled by an internal promotion, signals a push toward greater operational standardization and execution discipline across regions.
- COO role formally established in 2026
- Strong regional president model
The comparison
How Otis Worldwide Corporation stacks up
Compared with peers such as KONE, Schindler and Thyssenkrupp Elevator, Otis’ structure is more centralized at the top, with fewer layers between the CEO and major regional leaders. Many peers rely more heavily on regional CEOs without a strong global COO. Otis’ model sits between a pure geographic division and a …
C-suite size
Otis Worldwide Corporation
4
KONE
8
Schindler Group
7
TK Elevator
9
Mitsubishi Electric
10
Reporting depth
Otis Worldwide Corporation
3 levels
KONE
5 levels
Schindler Group
5 levels
TK Elevator
6 levels
Mitsubishi Electric
6 levels
Avg C-suite tenure
Otis Worldwide Corporation
2 yr
KONE
5 yr
Schindler Group
6 yr
TK Elevator
4 yr
Mitsubishi Electric
7 yr
Has COO / Has CAIO
Otis Worldwide Corporation ✓ COO — no CAIO
KONE — no COO — no CAIO
Schindler Group — no COO — no CAIO
TK Elevator ✓ COO — no CAIO
Mitsubishi Electric ✓ COO — no CAIO
Current signals
What changed recently
The most significant change was the January 2026 appointment of Enrique Miñarro Viseras as Otis’ first formal global COO.
- departedPerry Zheng Chief Product, Delivery and Customer Officer
Employment terminated February 28, 2026.
Source - new
- departed
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-17
- CEO
- Judy Marks
- CEO span
- 3
- C-suite
- 6
- Avg tenure
- 2.3 yr
Year marked by formal creation of the COO role.
Named executive officers (4)
- Judy Marks - CEO since 2020
- Cristina Méndez - CFO since 2023
- Enrique Miñarro Viseras - COO since 2026
- Sally Loh - President, Greater China since 2022
FY2024
DEF 14A filed 2025-04-18
- CEO
- Judy Marks
- CEO span
- 4
- C-suite
- 6
- Avg tenure
- 3.1 yr
Operations led primarily through regional presidents without a formal COO.
Named executive officers (1)
- Judy Marks - CEO since 2020
FY2023
DEF 14A filed 2024-04-19
- CEO
- Judy Marks
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 3.8 yr
More regionally fragmented leadership model.
Named executive officers (1)
- Judy Marks - CEO since 2020
Year-over-year changes
The key change was the addition of a formal COO, reducing the CEO’s direct span.
- CEO span: 4 → 3
- C-suite size: 6 → 6
- Avg tenure: 3.1 → 2.3 yr
- new Enrique Miñarro Viseras - Chief Operating Officer (was President, EMEA) (Form 8-K Jan 2026)
The board
Board of directors
2 directors. 2 of 2 independent (100%). Source: most recent DEF 14A.
Thomas A. Bartlett
Independent
John H. Walker
Lead Indep. Independent
Frequently Asked Questions
Who is the CEO of Otis Worldwide?
Judy Marks has served as Chair, CEO and President since the 2020 spin‑off.
What type of organizational structure does Otis Worldwide use?
Otis uses a hybrid structure combining centralized functions with powerful regional presidents.
How many direct reports does Otis Worldwide's CEO have?
The CEO currently has three direct executive reports.
How has Otis Worldwide's leadership changed recently?
In January 2026, Otis appointed Enrique Miñarro Viseras as Chief Operating Officer and saw several senior departures in 2025–2026.
Does Otis Worldwide have a COO?
Yes. Otis formally appointed a global Chief Operating Officer in January 2026.
Sources
- DEF 14A, Apr 2026
- Form 8-K, Jan 2026
- SEC EDGAR: Otis Worldwide Corporation DEF 14A Proxy Statement
- SEC EDGAR: Otis Worldwide Corporation 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Otis Worldwide Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/otis-worldwide/MLA 9th
"Otis Worldwide Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/otis-worldwide/. Accessed .Chicago 17
Creately. "Otis Worldwide Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/otis-worldwide/.Original SEC source View on SEC ↗
Otis Worldwide Corporation. DEF 14A. Filed 2026-04-17. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1781335/000114036126015389/ny20061782x1_def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/otis-worldwide/ · last updated 2026-04-01