Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Judith F. Marks earned $4.63M in total compensation at Otis Worldwide, including $1.37M salary and $2.82M in stock. Most recently sold 56,880 shares in Feb 2025. Currently holds stock worth $21.47M. 5+ years at the helm of Otis Worldwide.

Compensation History

Annual executive compensation data for Judith F. Marks, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$4.63M

Salary

$1.37M

Bonus

$0.00

Other

$432.84K

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 Compensation

$432.84K

Board Justification

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

Restricted Stock

$2.82M115.35K 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.

O

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 8 months (Mar 2020 - Present)

Previous Experience

Various leadership roles at United Technologies Corporation and Otis

Holdings

Track Judith F. Marks's stock holdings and portfolio value over time.

Total Stock Sold

$12.48M

OTIS

$12.48M

132,251.321 OTIS shares

What if they kept their stock?

If Judith F. Marks didn't sell their stock, today they would have:
Extra OTIS132,251.321 shares worth $11.49M.
This is -7.94% and $990.99K less than what they got when they sold the stock.

Insider Trading

Judith F. Marks's recent stock transactions, purchases, and sales filed with the SEC.

OTIS

$5.45M

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

Rivals

Compare Judith F. Marks with competitor CEOs and industry peers.