Otis Worldwide

Otis Announces Winners of the First Made to Move Communities™ Global Student Challenge

Monday, April 12, 2021 - 1:00pm

b'FARMINGTON, Conn., April 12, 2021 /PRNewswire/ --Today, student teams from 14 schools across nine countries and regions made history as the first cohort to complete Otis\' inaugural Made to Move Communities global student challenge.

Key Points: 
  • b'FARMINGTON, Conn., April 12, 2021 /PRNewswire/ --Today, student teams from 14 schools across nine countries and regions made history as the first cohort to complete Otis\' inaugural Made to Move Communities global student challenge.
  • The program enhances school-based Science, Technology, Engineering and Math (STEM) curriculum by partnering students with Otis mentors to together develop sustainable solutions to real-world mobility challenges seen in their communities.
  • "At Otis, we care deeply about nurturing a passion for STEM education for future generations, and we are committed to equitable access to mobility for all.
  • "\nAs part of Made to Move Communities, Otis will celebrate Lift Our Communities Month each April.

Otis First Quarter 2021 Earnings Advisory

Friday, April 9, 2021 - 11:00am

FARMINGTON, Conn., April 9, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, April 26, 2021, at 8:30 a.m. EDT.

Key Points: 
  • FARMINGTON, Conn., April 9, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, April 26, 2021, at 8:30 a.m. EDT.
  • Otis President & CEO Judy Marks and Executive Vice President & CFO Rahul Ghai will discuss the company's first quarter results and the outlook for 2021.
  • To join by phone, dial +1-877-735-3703 and an operator will place you on hold until the conference begins.
  • Otis is the world's leading elevator and escalator manufacturing, installation and service company.

Smart Elevator Market with COVID-19 Impact Analysis - Global Forecast to 2026 - Inclination Toward Green Technologies in Construction Industry - ResearchAndMarkets.com

Thursday, April 8, 2021 - 1:40pm

The "Global Smart Elevator Market with COVID-19 Impact Analysis by Component (Control System, Maintenance System, Communication System), Application (Residential, Commercial, Institutional), Services, and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Smart Elevator Market with COVID-19 Impact Analysis by Component (Control System, Maintenance System, Communication System), Application (Residential, Commercial, Institutional), Services, and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • COVID-19 has emerged as a global pandemic that has spread in several countries worldwide and disrupted various industries around the world.
  • The foreseeable decline in the growth of applications may have a considerable direct impact on the smart elevator market.
  • Otis Elevator, Schindler Group, KONE Corporation, Thyssenkrupp AG, Hitachi and Mitsubishi Electric, among others, are some of the key players offering smart elevator.

Otis CEO & EVP of Operations to Speak on ESG Conference Call

Monday, March 15, 2021 - 10:00am

FARMINGTON, Conn., March 15, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) President & CEO Judy Marks and Executive Vice President of Operations Todd Glance will speak about the company's environmental, social and governance (ESG) program on a conference call, moderated by Jeff Sprague of Vertical Research Partners, on Tuesday, March 30, 2021, at 9:00 a.m. EDT.

Key Points: 
  • FARMINGTON, Conn., March 15, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) President & CEO Judy Marks and Executive Vice President of Operations Todd Glance will speak about the company's environmental, social and governance (ESG) program on a conference call, moderated by Jeff Sprague of Vertical Research Partners, on Tuesday, March 30, 2021, at 9:00 a.m. EDT.
  • The company will discuss its ESG strategy, progress and long-term objectives.
  • To join by phone, dial +1-877-735-3703 and an operator will place you on hold until the conference begins.
  • We move 2 billion people a day and maintain more than 2 million customer units worldwide, the industry's largest Service portfolio.

Saudi Arabia Elevator & Escalator Market, Competition, Forecast & Opportunities Report 2021-2025 - ResearchAndMarkets.com

Thursday, January 28, 2021 - 12:14pm

The "Saudi Arabia Elevator & Escalator Market by Type (Elevator, Escalator and Moving Walkways), by Service (Maintenance & Repair, New Installation and Modernization), by Elevator Technology, by End-User, by Elevator Door Type, by Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabia Elevator & Escalator Market by Type (Elevator, Escalator and Moving Walkways), by Service (Maintenance & Repair, New Installation and Modernization), by Elevator Technology, by End-User, by Elevator Door Type, by Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
  • Booming construction sector, increasing number of high-rise building projects and rapid infrastructure development are the key factors driving the Saudi Arabian Elevator & Escalator Market.
  • The Saudi Arabian Elevator & Escalator Market is segmented based on type, service, elevator technology, end-user, elevator door type, and region.
  • Major players operating in the Saudi Arabian Elevator & Escalator Market include Otis Elevator Company Saudi Arabia Limited, Schindler Olayan Elevators Co. Ltd, ThyssenKrupp Elevator Saudi Limited, Mitsubishi Electric Saudi Ltd., Gulf Elevator & Escalator Company Ltd., Khaled Juffali Elevator & Escalator Co., KONE Saudi Arabia, Orona Elevator Co. KSA, Fujitec Saudi Arabia Co., Ltd., Hyundai Elevator Saudi Arabia, among others.

Otis Fourth Quarter 2020 Earnings Advisory

Friday, January 15, 2021 - 11:30am

FARMINGTON, Conn., Jan. 15, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, February 1, 2021, at 10:00 a.m. EST.

Key Points: 
  • FARMINGTON, Conn., Jan. 15, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, February 1, 2021, at 10:00 a.m. EST.
  • Otis President & CEO Judy Marks and Executive Vice President & CFO Rahul Ghai will discuss the company's full year and fourth quarter results and the outlook for 2021.
  • To join by phone, dial +1-877-735-3703 and an operator will place you on hold until the conference begins.
  • Otis is the world's leading elevator and escalator manufacturing, installation and service company.

CVS Health Names Laurie Havanec Chief People Officer

Monday, January 11, 2021 - 2:00pm

WOONSOCKET, R.I., Jan. 11, 2021 /PRNewswire/ --CVS Health (NYSE: CVS) today announced that Laurie Havanec will join the company as Executive Vice President and Chief People Officer, effective February 8, 2021.

Key Points: 
  • WOONSOCKET, R.I., Jan. 11, 2021 /PRNewswire/ --CVS Health (NYSE: CVS) today announced that Laurie Havanec will join the company as Executive Vice President and Chief People Officer, effective February 8, 2021.
  • "Laurie will lead talent and culture initiatives that support our business strategy, and she will also play a central role in helping to inspire and engage all 300,000 employees across CVS Health."
  • Havanec joins CVS Health with a distinguished career of over 20 years, most recently serving as Executive Vice President and Chief People Officer of Otis Worldwide Co., the world's leading company for elevator and escalator maintenance, installation and service.
  • CVS Health is a different kind of health care company.

Otis Elevator Company Recalls to Inspect Private Residence Elevators Due to Entrapment Hazard; Risk of Serious Injury or Death to Young Children

Thursday, December 17, 2020 - 5:06pm

ET Monday through Friday or online at www.otis.com and click on "IMPORTANT SAFETY INFORMATION PRIVATE RESIDENCE ELEVATORS" for more information.

Key Points: 
  • ET Monday through Friday or online at www.otis.com and click on "IMPORTANT SAFETY INFORMATION PRIVATE RESIDENCE ELEVATORS" for more information.
  • This recall involves Otis private residence elevators purchased before 2012 and CemcoLift private residence elevators purchased from 1999 to 2012.
  • Sold At: Otis private residence elevators and parts were sold to independent third-party contractors and, occasionally, directly to consumers through 2012.
  • Manufacturer: Otis Elevator Company of Farmington, Ct. and CemcoLift Elevators Systems, formerly of Hatfield, Pa. CemcoLift is a former subsidiary of Otis Elevator Company.

Otis Names Bernardo Calleja as President, Otis EMEA

Monday, November 9, 2020 - 2:00pm

FARMINGTON, Conn., Nov. 9, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) has named Bernardo Calleja as President, Otis Europe Middle East & Africa (EMEA).

Key Points: 
  • FARMINGTON, Conn., Nov. 9, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) has named Bernardo Calleja as President, Otis Europe Middle East & Africa (EMEA).
  • "Bernardo joined the company in 1989 and has an impressive track record of success at Otis, notably his 'customer-first' approach and unyielding commitment to safety," said Marks.
  • Calleja has been the interim Otis EMEA President since Oct. 1, replacing Mark Eubanks, who left the company in September.
  • Otis EMEA employs about 26,000 employees, nearly half of which are field professionals, in 700 branch offices across 43 countries.

Otis Third Quarter 2020 Earnings Advisory

Friday, October 9, 2020 - 11:00am

FARMINGTON, Conn., Oct. 9, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, October 26, 2020, at 10:00 a.m. EDT.

Key Points: 
  • FARMINGTON, Conn., Oct. 9, 2020 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, October 26, 2020, at 10:00 a.m. EDT.
  • Otis President & CEO Judy Marks and Executive Vice President & CFO Rahul Ghai will discuss third quarter results and the company outlook.
  • To join by phone, dial +1-877-735-3703 and an operator will place you on hold until the conference begins.
  • Otis is the world's leading elevator and escalator manufacturing, installation and service company.