Nora E. LaFreniere net worth and biography

Nora LaFreniere Biography and Net Worth

We believe that being the industry leader means holding ourselves to the highest standards of safety, ethics and quality. At Otis, we call these our Three Absolutes. They guide our behavior in everything we do, regardless of geographic boundaries, titles, functions and cultures. Our colleagues, customers and passengers demand this of us, and we demand it of ourselves.

As Executive Vice President & General Counsel for Otis, Nora is a champion for doing the right thing. She leads our Legal, Compliance, and Business Development functions, and focuses each day on upholding the reputation and integrity of our products, services and relationships.

Nora has spent the past two decades with Otis and United Technologies Corporation (UTC), Otis’ former parent company. During that time, she held several roles of increasing responsibility – starting as Assistant Counsel for Otis North and South America, and later serving as Vice President and General Counsel for both UTC Building & Industrial Systems and UTC Climate Controls & Security.

“I reflect upon my first Otis job a lot – working as a lawyer supporting branches in the southeast U.S. exposed me to the reality of how we succeed – our teams take pride in servicing individual customers and meeting their diverse needs,” says Nora.

Nora holds a bachelor’s degree in philosophy and political science from the University of California-San Diego, and a Juris Doctor from the University of Notre Dame.

What is Nora E. LaFreniere's net worth?

The estimated net worth of Nora E. LaFreniere is at least $966,441.84 as of July 29th, 2022. Ms. LaFreniere owns 12,376 shares of Otis Worldwide stock worth more than $966,442 as of December 1st. This net worth evaluation does not reflect any other investments that Ms. LaFreniere may own. Additionally, Ms. LaFreniere receives a salary of $1,610,000.00 as EVP at Otis Worldwide. Learn More about Nora E. LaFreniere's net worth.

How old is Nora E. LaFreniere?

Ms. LaFreniere is currently 51 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, Pres of Otis Asia Pacific, who is 62 years old. Learn More on Nora E. LaFreniere's age.

What is Nora E. LaFreniere's salary?

As the EVP of Otis Worldwide Co., Ms. LaFreniere earned a total compensation package of $3,121,067.00 in 2021. Ms. LaFreniere earned a salary of $587,500.00, stock awards of $1,063,792.00, options awards of $344,837.00, non-equity compensation of $828,000.00, and other compensation of $197,235.00.There are 3 executives that earn more than Ms. LaFreniere. The highest earning executive at Otis Worldwide is Ms. Judith F. Marks, Chair, Pres & CEO, who commands a salary of $5,220,000.00 per year. Learn More on Nora E. LaFreniere's salary.

How do I contact Nora E. LaFreniere?

The corporate mailing address for Ms. LaFreniere 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 Nora E. LaFreniere's contact information.

Has Nora E. LaFreniere been buying or selling shares of Otis Worldwide?

Nora E. LaFreniere has not been actively trading shares of Otis Worldwide over the course of the past ninety days. Most recently, Nora E. Lafreniere sold 13,576 shares of the business's stock in a transaction on Friday, July 29th. The shares were sold at an average price of $76.54, for a transaction totalling $1,039,107.04. Following the completion of the sale, the executive vice president now directly owns 12,376 shares of the company's stock, valued at $947,259.04. Learn More on Nora E. LaFreniere's trading history.

Who are Otis Worldwide's active insiders?

Otis Worldwide's insider roster includes 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 2 times. They sold a total of 16,194 shares worth more than $1,244,750.94. The most recent insider tranaction occured on August, 1st when CFO Rahul Ghai sold 2,618 shares worth more than $205,643.90. 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 8/1/2022.

Nora E. LaFreniere Insider Trading History at Otis Worldwide

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/29/2022Sell13,576$76.54$1,039,107.0412,376View SEC Filing Icon  
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Nora E. LaFreniere Buying and Selling Activity at Otis Worldwide

This chart shows Nora E Lafreniere's buying and selling at Otis Worldwide by year and by quarter.

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Otis Worldwide Company Overview

Otis Worldwide logo
Otis Worldwide Corporation manufactures, installs, and services 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. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
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Today's Range

Now: $77.72
Low: $77.36
High: $78.45

50 Day Range

MA: $70.56
Low: $63.80
High: $78.71

2 Week Range

Now: $77.72
Low: $62.49
High: $88.22

Volume

16,913 shs

Average Volume

2,169,940 shs

Market Capitalization

$32.38 billion

P/E Ratio

26.71

Dividend Yield

1.51%

Beta

0.98