---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-033538"
form_type: "8-K"
ticker: "OTIS"
cik: "0001781335"
company_name: "Otis Worldwide Corp"
filed_at: "2024-07-19T23:59:59+00:00"
generated_at: "2026-05-31T19:08:54.909922+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Otis CFO Anurag Maheshwari resigns; Cristina Méndez appointed as successor effective Aug 23, 2024

## Summary
- Anurag Maheshwari resigns as EVP & CFO effective Aug 23, 2024 to pursue external opportunity; no dispute with company.
- Board appoints Cristina Méndez as EVP & CFO effective same date; she currently is SVP Finance EMEA & Transformation.
- Méndez receives base salary increase to $770,000, STI target 100% of base, and supplemental LTI award of $2,390,000.
- Méndez to relocate to US on expatriate assignment with customary benefits; current employment agreement to be amended.
- Otis plans to release Q2 earnings on July 24; both Maheshwari and Méndez will join the earnings call.

## SEC filing metadata
- accession: 0001140361-24-033538
- form_type: 8-K
- ticker: OTIS
- cik: 0001781335
- company_name: Otis Worldwide Corp
- filed_at: 2024-07-19T23:59:59+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/1781335/000114036124033538/0001140361-24-033538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781335/000114036124033538/ef20032686_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-033538
- JSON: https://secwatch.observer/filing/0001140361-24-033538.json
- Plain text: https://secwatch.observer/filing/0001140361-24-033538.txt

## Key facts
- Executive change
  Anurag Maheshwari 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: Anurag Maheshwari, 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 23, 2024, to pursue external opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781335/000114036124033538/0001140361-24-033538-index.htm
- Executive change
  Cristina Méndez 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 Cristina Méndez as the Company’s Executive Vice President and Chief Financial Officer, effective August 23, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1781335/000114036124033538/0001140361-24-033538-index.htm

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