Judith Fran  Marks net worth and biography

Judith Marks Biography and Net Worth

In her 37 years in industry, Judy Marks has witnessed technological advances while applying emerging and mature technologies in a way that benefits society. She is leading Otis through a digital and cultural transformation that will drive its long-term success as an independent, publicly traded company. Otis is the world’s leading company for elevator and escalator manufacturing, installation and service.

Today, Otis is taking its deep knowledge of the hoistway and using it to create digital solutions that serve customers’ needs in an era of intelligent buildings. This includes IoT-based service solutions with proactive data analytics for predictive maintenance; advanced video analytics and dispatching systems to manage varying traffic patterns; and a new generation of elevators that are connected, data rich, safer, healthier, and more intelligent, efficient and comfortable than ever.

“We are living in revolutionary times as the world is digitally transforming,” she says. “Our 70,000 colleagues are on a journey together into the future. We’re continuing to innovate, to find new business models, to serve customers with excellence and to disrupt ourselves to become an end-to-end enabler of passenger mobility in a taller, faster, smarter world.”

Judy has held senior leadership roles at three global icons – IBM, Lockheed Martin and Siemens AG. She was serving as CEO of both Siemens USA and Dresser-Rand, a Siemens business, when appointed President of Otis in 2017. In April 2020, Judy led the successful spin of Otis to an independent publicly traded company on the NYSE.

She built her career on a host of challenging assignments, creating solutions for both global customers and government entities. A self-described technology zealot, Judy applies digital technologies and actively uses social media to amplify the reach of her messages. For Judy, leadership is about creating a sense of mission among colleagues.

“People make a decision every day about what kind of work they’re going to do,” she says. “That’s what I love about Otis colleagues – we know that what we do matters. Across 200 countries and territories, we service over 2 million units and touch 2 billion people every day to keep the world moving.”

Judy serves on the Board of Directors of Otis Worldwide Corporation and AdvanceCT and is a member of the Business Roundtable. She earned a degree in electrical engineering from Lehigh University.

What is Judith Fran Marks' net worth?

The estimated net worth of Judith Fran Marks is at least $18.23 million as of February 7th, 2024. Ms. Marks owns 192,319 shares of Otis Worldwide stock worth more than $18,229,918 as of May 30th. This net worth estimate does not reflect any other assets that Ms. Marks may own. Additionally, Ms. Marks receives an annual salary of $4,250,000.00 as CEO at Otis Worldwide. Learn More about Judith Fran Marks' net worth.

How old is Judith Fran Marks?

Ms. Marks is currently 60 years old. There are 6 older executives and no younger executives at Otis Worldwide. Learn More on Judith Fran Marks' age.

What is Judith Fran Marks' salary?

As the CEO of Otis Worldwide Co., Ms. Marks earns $4,250,000.00 per year. Learn More on Judith Fran Marks' salary.

How do I contact Judith Fran Marks?

The corporate mailing address for Ms. Marks and other Otis Worldwide executives is ONE CARRIER PLACE, FARMINGTON CT, 06032. Otis Worldwide can also be reached via phone at 860-674-3000 and via email at [email protected]. Learn More on Judith Fran Marks' contact information.

Has Judith Fran Marks been buying or selling shares of Otis Worldwide?

Judith Fran Marks has not been actively trading shares of Otis Worldwide during the last quarter. Most recently, Judith Fran Marks sold 37,312 shares of the business's stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $91.83, for a transaction totalling $3,426,360.96. Following the completion of the sale, the chief executive officer now directly owns 192,319 shares of the company's stock, valued at $17,660,653.77. Learn More on Judith Fran Marks' trading history.

Who are Otis Worldwide's active insiders?

Otis Worldwide's insider roster includes James Cramer (Insider), Stephane de Montlivault (Insider), Bernardo Fernandez (Insider), Rahul Ghai (CFO), Nora LaFreniere (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 5 times. They sold a total of 96,433 shares worth more than $8,885,506.82. The most recent insider tranaction occured on May, 7th when EVP Peiming Zheng sold 30,364 shares worth more than $2,844,803.16. Insiders at Otis Worldwide own 0.2% of the company. Learn More about insider trades at Otis Worldwide.

Information on this page was last updated on 5/7/2024.

Judith Fran Marks Insider Trading History at Otis Worldwide

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/7/2024Sell37,312$91.83$3,426,360.96192,319View SEC Filing Icon  
10/30/2020Sell47$61.28$2,880.1616,757View SEC Filing Icon  
See Full Table

Judith Fran Marks Buying and Selling Activity at Otis Worldwide

This chart shows Judith Fran Marks's buying and selling at Otis Worldwide by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Otis Worldwide Company Overview

Otis Worldwide logo
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.
Read More

Today's Range

Now: $94.79
Low: $94.19
High: $95.32

50 Day Range

MA: $96.38
Low: $91.20
High: $100.21

2 Week Range

Now: $94.79
Low: $73.32
High: $100.35

Volume

1,668,935 shs

Average Volume

1,999,189 shs

Market Capitalization

$38.33 billion

P/E Ratio

27.40

Dividend Yield

1.60%

Beta

1.03