Peiming  Zheng net worth and biography

Peiming Zheng Biography and Net Worth

Insider of Otis Worldwide
Otis has a long and proud history in China – dating back more than 130 years. Today, the region is marked by rapid urbanization and the rise of the digital era granting Otis new and ongoing opportunities to deliver innovative solutions to its customers.

As President of Otis China, Perry is responsible for evaluating and responding to these market dynamics to ensure continued growth and development of the Otis business in China. Based in Shanghai, he leads his teams to develop and implement strategies that drive customer satisfaction and ensure the safe, comfortable and reliable riding experience they have come to expect from Otis.

In late 2021, Perry took on an expanded leadership role as our Chief Customer Product Officer. He supports our global- and regional-level Product Management teams as they identify strategic programs with shared goals, objectives and accountability. Perry is also working to drive focus, pace and competitive positioning around our key priorities and the products and solutions we bring to market. Our Sales & Marketing and Distributor Marketing groups are aligned under his leadership.

Perry brings more than two decades of experience at Otis to this role, having held influential positions in manufacturing, supply chain, strategy & business development, and managing director in both Otis China and at Otis World Headquarters in the United States. He also served as President of United Technologies Corporation’s Building & Industrial Systems in 2014.

Prior to joining Otis, Perry held engineering and engineering management roles in Asia Pacific Pulp and Paper Group in Indonesia, and the Hangzhou Auto Factory in China.

Perry holds a bachelor's degree in mechanical engineering from Shanghai Jiaotong University.

What is Peiming Zheng's net worth?

The estimated net worth of Peiming Zheng is at least $1.52 million as of May 7th, 2024. Mr. Zheng owns 15,570 shares of Otis Worldwide stock worth more than $1,521,656 as of July 22nd. This net worth approximation does not reflect any other assets that Mr. Zheng may own. Additionally, Mr. Zheng receives a salary of $3,270,000.00 as Insider at Otis Worldwide. Learn More about Peiming Zheng's net worth.

How old is Peiming Zheng?

Mr. Zheng is currently 56 years old. There are 6 older executives and no younger executives at Otis Worldwide. The oldest executive at Otis Worldwide is Ms. Judith F. Marks, Chair, President & CEO, who is 60 years old. Learn More on Peiming Zheng's age.

What is Peiming Zheng's salary?

As the Insider of Otis Worldwide Co., Mr. Zheng earns $3,270,000.00 per year. The highest earning executive at Otis Worldwide is Ms. Judith F. Marks, Chair, President & CEO, who commands a salary of $4,250,000.00 per year. Learn More on Peiming Zheng's salary.

How do I contact Peiming Zheng?

The corporate mailing address for Mr. Zheng 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 Peiming Zheng's contact information.

Has Peiming Zheng been buying or selling shares of Otis Worldwide?

Peiming Zheng has not been actively trading shares of Otis Worldwide during the past quarter. Most recently, Peiming Zheng sold 30,364 shares of the business's stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $93.69, for a transaction totalling $2,844,803.16. Following the completion of the sale, the executive vice president now directly owns 15,570 shares of the company's stock, valued at $1,458,753.30. Learn More on Peiming Zheng'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 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.

Peiming Zheng Insider Trading History at Otis Worldwide

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/7/2024Sell30,364$93.69$2,844,803.1615,570View SEC Filing Icon  
6/9/2021Buy120$60.88$7,305.60View SEC Filing Icon  
4/28/2021Sell15,234$78.67$1,198,458.7819,022View SEC Filing Icon  
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Peiming Zheng Buying and Selling Activity at Otis Worldwide

This chart shows Peiming Zheng'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 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.
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Today's Range

Now: $97.73
Low: $97.45
High: $99.10

50 Day Range

MA: $97.36
Low: $94.79
High: $100.78

2 Week Range

Now: $97.73
Low: $73.32
High: $100.84

Volume

2,410,600 shs

Average Volume

2,059,388 shs

Market Capitalization

$39.51 billion

P/E Ratio

28.25

Dividend Yield

1.60%

Beta

1.03