Source-grounded facts extracted from Otis Worldwide Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Otis Worldwide Corp shareholders rejected Reporting on political contributions and expenditures at the 2026-05-27 meeting.
“4) A proposal regarding reporting on political contributions and expenditures. The proposal was not approved and the voting results are as follows: Votes For Votes Against Abstentions Broker Non-Votes 145,402,369 173,399,850 2,390,116 24,396,658”
Otis Worldwide Corp shareholders approved Ratification of PricewaterhouseCoopers LLP as independent auditor at the 2026-05-27 meeting.
“3) A proposal to appoint PricewaterhouseCoopers LLP, a firm of independent registered public accountants, to serve as Otis’ Independent Auditor for 2026 until the next annual meeting in 2027. The proposal was approved and the voting results are as follows: Votes For Votes Against Abstentions 344,841,469 450,913 296,611”
Otis Worldwide Corp shareholders approved Advisory vote on executive compensation at the 2026-05-27 meeting.
“2) A proposal that shareholders approve, on an advisory basis, the compensation of Otis’ named executive officers. The proposal was approved and the voting results are as follows: Votes For Votes Against Abstentions Broker Non-Votes 300,604,166 19,385,429 1,202,740 24,396,658”
Otis Worldwide Corp shareholders approved Election of Directors at the 2026-05-27 meeting.
“1) The following individuals were elected to serve as directors for a term expiring at the 2027 Annual Meeting of Shareholders or upon the election and qualification of their successors. The voting results for each nominee are as follows: Nominee Votes For Votes Against Abstentions Broker Non-Votes Thomas A. Bartlett 311,046,915 9,810,622 334,798 24,396,658 Jeffrey H. Black 318,253,873 2,603,882 334,580 24,396,658 Jill C. Brannon 319,869,225 766,259 556,851 24,396,658 Nelda J. Connors 310,438,542 10,423,191 330,602 24,396,658 Kathy Hopinkah Hannan 319,143,881 1,710,655 337,799 24,396,658 Christopher J. Kearney 320,204,663 653,030 334,642 24,396,658 Judith F. Marks 306,737,433 12,890,163 1,564,739 24,396,658 Margaret M. V. Preston 318,085,969 2,775,235 331,131 24,396,658 Shelley Stewart, Jr. 311,526,935 9,091,669 573,731 24,396,658 John H. Walker 311,800,135 9,042,045 350,155 24,396,658”
Otis Worldwide Corp reported first quarter 2026 results: revenue $3.6 billion, net income $340, EPS $0.87.
“OTIS REPORTS FIRST QUARTER 2026 RESULTS Otis delivers net sales growth of 6%, driven by Service with growth in all lines of business, led by repair • Net sales up 6% and organic sales up 1%, driven by Service net sales up 11% with organic sales up 5% • Repair net sales up 16% with organic sales up approximately 10% • Modernization orders up 11% at constant currency, backlog up 32%, 30% at constant currency • New Equipment orders up 1% at constant currency, backlog up 6%, 3% at constant currency • Operating cash flow of $413 million; adjusted free cash flow of $272 million • Share repurchases of approximately $400 million FARMINGTON, Conn., April 22, 2026 – Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2026 net sales of $3.6 billion with organic sales up 1% versus the prior year. GAAP earnings per share (EPS) increased 43% to $0.87 and adjusted EPS decreased 3% to $0.89. "Otis delivered a solid quarter, with net sales up 6%. All Service lines of business grew, led by rep”
Otis Worldwide Corp amended revolving credit of $1,500 million with JPMorgan Chase Bank, N.A. at 1.125% for term SOFR rate, EURIBO rate and daily simple ESTR rate borrowings, an maturing August 8, 2030.
“On August 8, 2025, Otis Worldwide Corporation (“ Otis ”), entered into a new credit agreement (the “ Credit Agreement ”) governing its unsecured $1,500 million revolving credit facility, which matures on August 8, 2030.”
Otis Worldwide Corp: Amended and restated bylaws to revise director nomination procedures, remove limitations on stockholder action by written consent, and remove irrevocable resignation requirement for stockholder-nominated directors (effective 2025-03-19).
“On March 19, 2025, the Board of Directors (the “Board”) of Otis Worldwide Corporation (the “Company”) approved an amendment and restatement of the Company’s Amended and Restated Bylaws (as amended, the “Bylaws”), effective as of such date.”
Cristina Méndez was appointed as Executive Vice President and Chief Financial Officer at Otis Worldwide Corp.
“Ms. Méndez was appointed as the Company’s Executive Vice President and Chief Financial Officer effective August 23, 2024.”
Cristina Méndez was appointed as Executive Vice President and Chief Financial Officer at Otis Worldwide Corp.
“The Board of Directors has appointed Cristina Méndez as the Company’s Executive Vice President and Chief Financial Officer, effective August 23, 2024.”
Anurag Maheshwari resigned as Executive Vice President and Chief Financial Officer at Otis Worldwide Corp.
“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.”
Otis Worldwide Corp reported first quarter 2024 results: revenue $3.4 billion, net income $353, EPS $0.86. Guidance raised.
“Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2024 net sales of $3.4 billion with 3.8% organic growth. GAAP earnings per share (EPS) increased 8.9% to $0.86 and adjusted EPS increased 10.0% to $0.88.”
Otis Worldwide Corp updated its fourth quarter and year ended December 31, 2023 guidance (initiated).
“On January 31, 2024, Otis Worldwide Corporation (“ Otis ”) issued a press release announcing its fourth quarter and year ended December 31, 2023 results.”
Otis Worldwide Corp reported third quarter 2023 results: revenue $3.5 billion, net income $376 million, EPS $0.91. Guidance raised.
“adjusted EPS of ~$3.52 and free cash flow of ~$1.5 billion. FARMINGTON, Conn., October 25, 2023 – Otis Worldwide Corporation (NYSE:OTIS) reported third quarter 2023 net sales of $3.5 billion with 5.2% organic growth. GAAP diluted earnings per share (EPS) of $0.91 was up 18.2% versus the prior year and adjusted EPS increased 18.8% to $0.95. "Otis delivered strong”
Harold W. McGraw III departed as Director at Otis Worldwide Corp.
“On October 19, 2023, Harold W. McGraw III announced that he will retire from the Board of Directors (the “Board”) of Otis Worldwide Corporation (the “Company”), effective December 7, 2023.”
Jill Brannon was appointed as Director at Otis Worldwide Corp.
“On October 24, 2023, the Board appointed Thomas Bartlett and Jill Brannon to its Board of Directors, effective October 27, 2023”
Thomas Bartlett was appointed as Director at Otis Worldwide Corp.
“On October 24, 2023, the Board appointed Thomas Bartlett and Jill Brannon to its Board of Directors, effective October 27, 2023”
Otis Worldwide Corp reported second quarter 2023 results: revenue $3.7 billion, net income $376, EPS $0.90. Guidance raised.
“Full-year share repurchase target increased to $800 million. FARMINGTON, Conn., July 26, 2023 – Otis Worldwide Corporation (NYSE:OTIS) reported second quarter 2023 net sales of $3.7 billion with 9.5% organic growth. GAAP diluted earnings per share (EPS) of $0.90 was up 18.4% versus the prior year and adjusted EPS increased 7.0% to $0.92. "Otis delivered a strong”
Otis Worldwide Corp shareholders rejected Independent Board Chairman shareholder proposal at the 2023-05-18 meeting.
“A proposal for an Independent Board Chairman, if properly presented. The proposal was not approved and the voting results are as follows: Votes For Votes Against Abstentions Broker Non-Votes 131,695,929 206,510,599 675,363 26,402,400”
Otis Worldwide Corp shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent auditor for 2023 at the 2023-05-18 meeting.
“A proposal to appoint PricewaterhouseCoopers LLP, a firm of independent registered public accountants, to serve as Otis’ Independent Auditor for 2023 until the next annual meeting in 2024. The proposal was approved and the voting results are as follows: Votes For Votes Against Abstentions 363,036,184 1,222,103 1,026,004”
Otis Worldwide Corp shareholders approved Advisory vote to approve the compensation of Otis’ named executive officers at the 2023-05-18 meeting.
“A proposal that shareholders approve, on an advisory basis, the compensation of Otis’ named executive officers. The proposal was approved and the voting results are as follows: Votes For Votes Against Abstentions Broker Non-Votes 293,808,739 43,745,146 1,328,006 26,402,400”
Otis Worldwide Corp shareholders approved Election of Directors at the 2023-05-18 meeting.
“The following individuals were elected to serve as directors for a term expiring at the 2024 Annual Meeting of Shareholders or upon the election and qualification of their successors. The voting results for each nominee are as follows: Nominee Votes For Votes Against Abstentions Broker Non-Votes Jeffrey H. Black 336,952,500 1,665,914 263,477 26,402,400 Nelda J. Connors 335,424,247 3,201,086 256,558 26,402,400 Kathy Hopinkah Hannan 328,953,732 9,673,661 254,498 26,402,400 Shailesh G. Jejurikar 330,725,864 7,890,016 266,011 26,402,400 Christopher J. Kearney 336,152,727 2,465,842 263,322 26,402,400 Judith F. Marks 319,242,998 16,048,113 3,590,780 26,402,400 Harold W. McGraw III 335,546,193 3,068,929 266,769 26,402,400 Margaret M. V. Preston 332,466,216 6,158,948 256,727 26,402,400 Shelley Stewart, Jr. 336,918,259 1,706,091 257,541 26,402,400 John H. Walker 336,106,113 2,503,589 272,189 26,402,400”
Otis Worldwide Corp reported Full year 2023 results: revenue $13.9 to $14.2 billion, EPS $3.40 to $3.50.
“decreased $221 million versus prior year due to working capital increases from payment timing. 2023 Outlook 1 Otis is revising its full year outlook: • Adjusted net sales of $13.9 to $14.2 billion, up 2.5 to 4.5% • Organic sales up 4 to 6% ◦ Organic New Equipment sales up 3 to 5% ◦ Organic Service sales up 5 to 7% • Adjusted operating profit of $2.2 to $2.3”
Otis Worldwide Corp incurred revolving credit of $1,500 million with JPMorgan Chase Bank, N.A. at Term SOFR plus 0.10% credit spread adjustment plus applicable margin of 1.25% (o maturing March 10, 2028.
“On March 10, 2023, Otis Worldwide Corporation (“ Otis ”), entered into a new credit agreement (the “ Credit Agreement ”) governing its unsecured $1,500 million revolving credit facility, which matures on March 10, 2028.”
Otis Worldwide Corp entered into Credit Agreement with JPMorgan Chase Bank, N.A. valued at unsecured $1,500 million revolving credit facility, matures on March 10, 2028 (effective 2023-03-10).
“On March 10, 2023, Otis Worldwide Corporation (“ Otis ”), entered into a new credit agreement (the “ Credit Agreement ”) governing its unsecured $1,500 million revolving credit facility, which matures on March 10, 2028.”
Peiming (Perry) Zheng changed role as President, Otis China at Otis Worldwide Corp.
“Effective March 1, 2023, Peiming (Perry) Zheng, a named executive officer of Otis Worldwide Corporation (the “Company”), will cease serving as President, Otis China.”
Otis Worldwide Corp reported the year ended December 31, 2022 results: revenue $13,685, net income $1,253, EPS $2.96. Guidance initiated.
“millions, except per share amounts) Quarter Ended December 31, Year Ended December 31, 2022 2021 Y/Y Y/Y (CFX) 2022 2021 Y/Y Y/Y (CFX) Net sales $ 3,439 $ 3,569 (3.6) % 4.6 % $ 13,685 $ 14,298 (4.3) % 1.6 % Adjusted net sales $ 3,439 $ 3,506 (1.9) % 6.4 % $ 13,579 $ 14,045 (3.3) % 2.6 % Organic sales growth 6.1 % 2.5 % GAAP Operating profit $ 491 $ 496 $ (5) $”
Otis Worldwide Corp reported the fourth quarter ended December 31, 2022 results: revenue $3,439, net income $297, EPS $0.71. Guidance initiated.
“our ESG goals." Key Figures ($ millions, except per share amounts) Quarter Ended December 31, Year Ended December 31, 2022 2021 Y/Y Y/Y (CFX) 2022 2021 Y/Y Y/Y (CFX) Net sales $ 3,439 $ 3,569 (3.6) % 4.6 % $ 13,685 $ 14,298 (4.3) % 1.6 % Adjusted net sales $ 3,439 $ 3,506 (1.9) % 6.4 % $ 13,579 $ 14,045 (3.3) % 2.6 % Organic sales growth 6.1 % 2.5 % GAAP”
Nelda J. Connors was appointed as Director at Otis Worldwide Corp.
“the Board of Directors (the “Board”) of Otis Worldwide Corporation (the “Company”) appointed Nelda J. Connors as a director of the Company, effective October 28, 2022”
Anurag Maheshwari was appointed as Executive Vice President and Chief Financial Officer at Otis Worldwide Corp.
“The Board of Directors has appointed Anurag Maheshwari as its Executive Vice President and Chief Financial Officer, effective August 12, 2022.”
Rahul Ghai resigned as Executive Vice President and Chief Financial Officer at Otis Worldwide Corp.
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.