Judy Marks, Otis President And CEO, Elected As BoD Chair

Otis Worldwide Corp. announced that its Board of Directors (BoD) has elected Judy Marks as its chair, effective February 3, 2022. Marks will also continue as president and CEO of Otis, roles she has held since June 2019. The combination of the offices of president and CEO and chair of the board underscores the board’s confidence in Marks, Otis and the extended Otis team. Under Marks’ leadership, Otis has delivered strong financial performance by driving near- and long-term strategic priorities while navigating the COVID-19 pandemic and related macro-economic pressures, according to the release. Marks will succeed Chris Kearney, who has served as executive chair since Otis became an independent, publicly traded company in April 2020. He will remain on the board. John Walker will continue in the role of lead independent director. About Marks, he said, “Judy has proven to be an exceptional leader – setting a vision, creating an environment of success, removing obstacles and driving results. We are confident in her ongoing leadership of the Otis business, and now the board, as together we continue to lead the industry that we created more than 168 years ago.”