Joe Armas was named President, Otis Americas in 2025 and is responsible for driving growth in our New Equipment and Service businesses throughout Americas, while focusing on safety, quality and exceptional customer service.
During his 20-plus year Otis career, Joe has held several leadership roles in the U.S. and Asia. He has been involved in numerous projects that have introduced innovative technology in the industry, including several iconic projects around the world. Joe is well respected by his colleagues and professional network for his knowledge of diverse markets and customers. He was proud to serve as Chairman for the American Chamber of Commerce in Hong Kong in 2022.
In each city I've lived and worked in, I am always reminded of the powerful role that Otis has in people’s daily lives,
he says. Whether it’s a small apartment building or commercial skyscraper, an iconic tourist landmark or a bustling metro center, I am proud to see how our Otis teams and technology help more than two billion people connect and thrive around the world each day.
Prior to joining Otis, Joe spent six years as an Officer in the United States Army. He holds a bachelor’s degree in aeronautics and astronautics engineering from University of Washington, an MBA from Purdue University, and a Master of Public Administration from Golden Gate University.
What is Joseph Jay Armas' net worth?
The estimated net worth of Joseph Jay Armas is at least $171.31 thousand as of November 3rd, 2026. Armas owns 2,155 shares of Otis Worldwide stock worth more than $171,307 as of November 5th. This net worth estimate does not reflect any other assets that Armas may own. Learn More about Joseph Jay Armas' net worth.
How do I contact Joseph Jay Armas?
Has Joseph Jay Armas been buying or selling shares of Otis Worldwide?
During the last ninety days, Joseph Jay Armas has sold $64,912.90 of Otis Worldwide stock. Most recently, Joseph Jay Armas sold 835 shares of the business's stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of $77.74, for a transaction totalling $64,912.90. Following the completion of the sale, the insider now directly owns 2,155 shares of the company's stock, valued at $167,529.70. Learn More on Joseph Jay Armas' trading history.
Who are Otis Worldwide's active insiders?
Otis Worldwide's insider roster includes Joseph Armas (Insider), James Cramer (Insider), Stephane de Montlivault (Insider), Bernardo Fernandez (Insider), Rahul Ghai (CFO), Neil Green (EVP), Nora LaFreniere (EVP), Abbe Luersman (EVP), Judith Marks (CEO), Michael Ryan (CAO), and Peiming Zheng (Insider). Learn More on Otis Worldwide's active insiders.
Are insiders buying or selling shares of Otis Worldwide?
In the last year, insiders at the sold shares 7 times. They sold a total of 161,876 shares worth more than $14,680,184.97. The most recent insider tranaction occured on November, 3rd when insider
Joseph Jay Armas sold 835 shares worth more than $64,912.90. Insiders at Otis Worldwide own 0.1% of the company.
Learn More about insider trades at Otis Worldwide. Information on this page was last updated on 11/3/2026.
