---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-024055"
form_type: "8-K"
ticker: "OTIS"
cik: "0001781335"
company_name: "Otis Worldwide Corp"
filed_at: "2022-06-27T23:59:59+00:00"
generated_at: "2026-06-24T23:00:32.406594+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Otis appoints Anurag Maheshwari as CFO effective Aug 12, succeeding Rahul Ghai who resigned

## Summary
- Rahul Ghai resigns as EVP & CFO effective Aug 12, 2022 to join another company; no dispute with Otis.
- Anurag Maheshwari appointed EVP & CFO effective Aug 12; previously VP Finance, IT & Chief Transformation Officer for Otis Asia Pacific.
- Maheshwari base salary $725,000, STI target 100% of base, 2023 LTIP target at least $2.5 million.
- Ghai will assist transition; both Maheshwari and Ghai to join Q2 earnings call in late July.
- No family relationships or reportable transactions between Maheshwari and Otis directors or officers.

## SEC filing metadata
- accession: 0001140361-22-024055
- form_type: 8-K
- ticker: OTIS
- cik: 0001781335
- company_name: Otis Worldwide Corp
- filed_at: 2022-06-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781335/000114036122024055/0001140361-22-024055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781335/000114036122024055/brhc10039083_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-024055
- JSON: https://secwatch.observer/filing/0001140361-22-024055.json
- Plain text: https://secwatch.observer/filing/0001140361-22-024055.txt

## Key facts
- Executive change
  Rahul Ghai resigned as Executive Vice President and Chief Financial Officer at Otis Worldwide Corp.
  - Action: resigned
  - Role: Executive Vice President and Chief Financial Officer
  source text: Rahul Ghai, Executive Vice President and Chief Financial Officer, has provided Otis Worldwide Corporation (the “Company”) with notice that he will be resigning his position with the Company, effective August 12, 2022, to join another company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781335/000114036122024055/0001140361-22-024055-index.htm
- Executive change
  Anurag Maheshwari was appointed as Executive Vice President and Chief Financial Officer at Otis Worldwide Corp.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: The Board of Directors has appointed Anurag Maheshwari as its Executive Vice President and Chief Financial Officer, effective August 12, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781335/000114036122024055/0001140361-22-024055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.