secwatch.observer — SEC 8-K summary
======================================

Issuer:     Otis Worldwide Corp (OTIS)
CIK:        0001781335
Form:       8-K
Filed at:   2021-12-08T23:59:59+00:00
Accession:  0001140361-21-040840
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Judith Marks to become Chair of Otis Board effective Feb 3, 2022; Kearney remains director
--------------------------------------------------------------------------------

- President and CEO Judy Marks elected Chair of the Board, effective February 3, 2022.
- Chris Kearney will step down as Executive Chair but remain as a director.
- John Walker continues as Lead Independent Director.
- Combination of Chair and CEO roles reflects Board's confidence in Marks' leadership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781335/000114036121040840/0001140361-21-040840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781335/000114036121040840/brhc10031627_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-040840

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer