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Michael Patrick Ryan net worth and biography

Michael Ryan Biography and Net Worth

CAO of Otis Worldwide

Empowering people to take ownership and always do business the right way is fundamental to driving the importance and reliability of our financial statements.

As Vice President & Chief Accounting Officer, Mike is committed to ensuring Otis operates with the highest integrity and ethical values. He leads a global team that oversees the company’s strategic accounting operations, financial statements and cost control systems. Together, they are responsible for interpreting, implementing and reporting new accounting standards using the latest technologies and data solutions to ensure regulatory compliance with Securities and Exchange Commission (SEC) reporting practices. Mike also collaborates closely with our Chief Financial Officer and senior management team to develop financial strategies.

With nearly three decades of finance experience supporting governance and compliance, mergers and acquisitions, finance transformations and business partnerships, Mike most recently served as Vice President and Assistant Controller at United Technologies Corporation (UTC), Otis’ former parent company. During his 20 years with UTC, he held roles of increasing responsibility in several commercial and aerospace business segments. He began his career working in public accounting for DeJoy, Knauf & Blood, LLP.

Mike holds a bachelor’s degree in accounting from Ithaca College. He is a Certified Public Accountant.

How old is Michael Patrick Ryan?: Mr. Ryan is currently 53 years old. There are 4 older executives and no younger executives at Otis Worldwide. The oldest executive at Otis Worldwide is Mr. Stephane de Montlivault, President of Otis Asia Pacific, who is 64 years old. Learn More on Michael Patrick Ryan's age.
How do I contact Michael Patrick Ryan?: The corporate mailing address for Mr. Ryan 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 Michael Patrick Ryan's contact information.
Has Michael Patrick Ryan been buying or selling shares of Otis Worldwide?: Michael Patrick Ryan has not been actively trading shares of Otis Worldwide in the last ninety days. Most recently, Michael Patrick Ryan sold 6,372 shares of the business's stock in a transaction on Friday, July 28th. The shares were sold at an average price of $90.50, for a transaction totalling $576,666.00. Learn More on Michael Patrick Ryan's 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 4 times. They sold a total of 66,069 shares worth more than $6,040,703.66. The most recent insider tranaction occured on February, 21st when insider Montlivault Stephane De sold 18,393 shares worth more than $1,675,602.30. 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 2/21/2024.

Michael Patrick Ryan Insider Trading History at Otis Worldwide

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
7/28/2023	Sell	6,372	$90.50	$576,666.00
2/6/2023	Sell	3,018	$84.46	$254,900.28
7/28/2021	Sell	2,220	$87.44	$194,116.80

Michael Patrick Ryan Buying and Selling Activity at Otis Worldwide

Otis Worldwide Company Overview

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.

Today's Range

Now: $92.36

$92.34

$93.69

50 Day Range

MA: $96.42

$91.05

$100.21

2 Week Range

Now: $92.36

$73.32

$100.35

Volume

1,211,864 shs

Average Volume

2,021,760 shs

Market Capitalization

$37.33 billion

P/E Ratio

26.69

Dividend Yield

1.46%

Beta

1.01