Jim Cramer and
Bernardo Calleja to retire in early
2024
FARMINGTON, Conn., Sept. 28,
2023 /PRNewswire/ -- Otis Worldwide Corporation
(NYSE: OTIS) announces the appointment of Tracy Embree as
President, Otis Americas and Enrique
Miñarro Viseras as President, Otis
Europe, Middle East and
Africa (EMEA), reporting directly
to Otis Chair, CEO & President, Judy Marks. Effective
Oct. 1, Embree will succeed
Jim Cramer and Miñarro Viseras will
succeed Bernardo Calleja. Otis is
the world's leading company for elevator and escalator
manufacturing, installation and service.
Embree joins Otis after 23 years with Cummins Inc. (NYSE: CMI),
where she most recently served as Vice President and President of
their Distribution Business. Leading change has been a consistent
focus over the course of her career. Under her leadership at
Cummins, she reshaped the Components segment portfolio, drove
global growth in core business areas, and developed key
technologies to ensure the business met high standards for global
emissions compliance. Prior to her work at Cummins Inc., she held
engineering and operations roles at Colgate-Palmolive.
"We are excited to welcome Tracy to our Otis team. She is an
accomplished, results-oriented global business leader with a strong
record of consistently delivering sales and margin expansion," said
Marks. "Her vast experience leading product and service focused
organizations within large, complex, industrial manufacturing
businesses will serve her well at Otis as she continues to motivate
teams and deliver quality and excellence to our customers."
Embree holds a bachelor's degree in chemical engineering from
Massachusetts Institute of Technology
and an MBA from Harvard Business
School. She currently sits on the Board of Directors for
Louisiana-Pacific Corporation and is a founding member of
Extraordinary Women on Boards (EWOB).
Miñarro Viseras brings nearly 20 years of global,
commercial, operational and P&L management experience with two
highly-reputable multi-national organizations – Ingersoll Rand (NYSE: IR) (formerly Gardner
Denver) and Emerson (NYSE: EMR), where he was responsible for
critical segment operations such as sales, service, engineering,
product management and manufacturing. In his leadership roles, he
drove consistent growth and margin expansion, completed numerous
bolt-on acquisitions and delivered exceptional customer
service.
"Enrique's extensive global experience, with a focus on
continuously elevating performance and boosting profitability,
equips him with the right qualifications to successfully lead our
diverse EMEA region" Marks continued. "He is able to strategically
connect market needs with best-in-class technological and
operational solutions to drive business growth, and he has a proven
track record of successfully leading culture change by fostering a
sense of ownership and accountability among team members."
Miñarro Viseras holds a doctorate in engineering, an MBA,
and Master of Engineering and Management from Cranfield University
in the United Kingdom, as well as
a degree in industrial engineering from Universidad Politécnica of
Valencia in Spain.
"There will be a short period during which Jim and Bernardo will
support Tracy, Enrique and me to ensure a smooth transition and
business continuity," Marks added. "We are grateful for Jim and
Bernardo's more-than seven decades of combined and distinguished
service with Otis. We wish them well in their next chapters."
About Otis
Otis gives people freedom to connect and
thrive in a taller, faster, smarter world. The global leader in the
manufacture, installation and servicing of elevators and
escalators, we move 2 billion people a day and maintain
approximately 2.2 million customer units worldwide – the industry's
largest Service portfolio. You'll find us in the world's most
iconic structures, as well as residential and commercial buildings,
transportation hubs and everywhere people are on the move.
Headquartered in Connecticut, USA,
Otis is 69,000 people strong, including 41,000 field professionals,
all committed to meeting the diverse needs of our customers and
passengers in more than 200 countries and territories. To learn
more, visit www.otis.com and follow us on LinkedIn, Instagram,
Facebook and Twitter @OtisElevatorCo.
Media Contact:
Katy Padgett
+1-860-674-3047
Kathleen.Padgett@otis.com
Investor Relations
Contact:
Michael Rednor
+1-860-676-6011
investorrelations@otis.com
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SOURCE Otis Worldwide Corporation