Sundar PichaiSundar Pichai earned $164M in 2023

Judith F. Marks is the CEO of Otis Worldwide Corporation, a leader in the elevator and escalator industry, since March 2020. She has a B.S. in Electrical Engineering from the University of Michigan, which gives her a solid technical foundation...

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Judith F. Marks

CEO of Otis Worldwide

Education

B.S. in Electrical Engineering from the University of Michigan

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Industrials

Born

March 15, 1960 - 65 years ago

CEO of Otis Worldwide for

5 years 0 months (Mar 2020 - Present)

Previous Experience

Various leadership roles at United Technologies Corporation and Otis

Holdings

See how much did Judith F. Marks make over time.

Judith F. Marks has been actively trading stocks in Otis Worldwide, showing her strong connection and commitment to the company's financial health. Her insider trading activity peaked in early 2023 when she made significant stock sales, totaling around $21 million...

Mar 18, 2025

Total Stock Sold

$9.75M

OTIS

$9.75M

103,811.321 OTIS shares

What if they kept their stock?

If Judith F. Marks didn't sell their stock, today they would have:
Extra OTIS103,811.321 shares worth $4.60M.
This is -52.87% and $5.16M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Judith F. Marks.

OTIS

$2.72M

OTIS at $95.77/share

Feb 6, 2025

Sale

OTIS

$3.59M

OTIS at $94.41/share

Feb 3, 2025

Sale

OTIS

50,997 shares

OTIS

Feb 3, 2025

Received

OTIS

$3.43M

OTIS at $91.83/share

Feb 6, 2024

Sale

OTIS

136,278 shares

OTIS

Feb 6, 2024

Received

OTIS

$2.90K

OTIS at $61.28/share

Oct 30, 2020

Sale

Compensation History

See how much did Judith F. Marks make over time.

Judith F. Marks' compensation package for 2023 totaled approximately $15.92 million. This figure includes her salary, which amounted to about $1.37 million, and the value of vested stocks worth around $2.82 million. Interestingly, she received no bonuses this year, which suggests a focus on long-term incentives rather than immediate cash rewards. Her pay is closely tied to performance metrics such as adjusted earnings per share and organic sales growth, aligning her interests with those of the shareholders. This compensation philosophy aims to attract, retain, and motivate top talent while ensuring that executive pay is linked to the company's overall performance, which Judith clearly exemplifies through her leadership at Otis.

Year

2023

Total Compensation

$4.63M

Salary

$1.37M

Board Justification

The compensation philosophy is designed to attract, retain, and motivate top talent while aligning executive compensation with company performance and shareholder interests.

Bonus

$0.00

Board Justification

No bonus was reported for 2023.

Other

$432.84K

Board Justification

Other compensation includes vehicle payments, contributions to deferred compensation plans, financial planning benefits, and health benefits.

Restricted Stock

$2.82M(115.35K SARs)

Board Justification

The stock options vested in 2023 were granted as part of the long-term incentive plan, with a total of 115,353 shares vested.

Performance Metrics

Performance metrics include adjusted EPS, free cash flow, organic sales growth, and new equipment orders growth.