McGraw to Depart Otis Worldwide Corporation
Board
FARMINGTON, Conn., Oct. 24,
2023 /PRNewswire/ -- Otis Worldwide Corporation
(NYSE: OTIS), the world's leading company for elevator and
escalator manufacturing, installation and service, announced today
that Tom Bartlett and Jill Brannon have been appointed to its Board of
Directors, effective October 27,
2023.
Bartlett is President and Chief Executive Officer of American
Tower Corporation. Brannon is Executive Vice President and Chief
Sales Officer at FedEx Corp.
"We are pleased to welcome Tom and Jill to the Otis Worldwide
Corporation Board of Directors," said Judy
Marks, Otis Chair, CEO & President. "Tom's vast
experience in technology and management of real estate dedicated to
global wireless infrastructure, and Jill's leadership delivering
global services, make them outstanding additions to support our
growth strategy and momentum. I look forward to working with Tom
and Jill as together we help Otis build a taller, faster, smarter
world."
Prior to joining American Tower in 2009 as Executive Vice
President and Chief Financial Officer, Bartlett had a 25-year
career at Verizon Communications and its predecessor companies and
affiliates. Bartlett previously served on the Board of Directors of
Equinix, Inc. He is a member of the World Economic Forum's
Information and Communications Technologies (ICT) Board of
Governors, the National Association of Real Estate Investment Trust
(NAREIT) Executive Committee, and the Business Roundtable.
"It is a privilege to join the Otis board of directors and
support the company's mission to be a world-class,
customer-centric, service-oriented company," said Bartlett. "I'm
eager to support the ongoing programs and innovation that deliver
value and meet the unique and evolving needs of Otis' stakeholders
around the world."
Brannon has more than three decades of global experience at
FedEx. In addition to her role as Chief Sales Officer, Brannon
serves on the company's Strategic Management Committee, a select
group of the company's top leadership that sets the strategic
direction for the enterprise. She has previously held positions
leading sales in Europe,
Middle East, the Indian
Subcontinent and Africa, and in
operations, marketing, and strategic planning and analysis. Since
2022, Brannon has served on the advisory board of directors for
European Transport Solutions SARL, Luxembourg. She previously served on the
boards of the US-ASEAN Business Council and the International
Children's Heart Foundation.
"It is an honor to join Otis – the global leader in the industry
it founded 170 years ago," said Brannon. "I look forward to
bringing my decades of experience and insights gained serving in
various global roles to support the Board as we oversee the
company's long-term strategy and help ensure its future
success."
Harold (Terry) W. McGraw III has
announced he will retire from the Otis Worldwide Corporation Board
of Directors, effective December 7,
2023. He was an inaugural member of the Otis Board, when the
company separated from its previous parent and listed as an
independent company on the New York Stock Exchange in April 2020. McGraw served on the Compensation and
Nominations and Governance Committees.
"I would like to thank Terry for his contributions and guidance
as we navigated Otis through the spin and in our three and one-half
years as a public company. He has been a valuable advisor to Otis
and to me personally," said Marks.
With the additions of Bartlett and Brannon, and the retirement
of McGraw, the Otis Board will have 11 members. Bartlett will join
the Audit and Compensation Committees. Brannon will join the
Board's Audit and Nominations and Governance Committees.
To learn more about Otis and its Board of Directors, visit
www.otis.com.
About Otis
Otis is the world's leading elevator and
escalator manufacturing, installation and service company. We move
2 billion people a day and maintain approximately 2.2 million
customer units worldwide, the industry's largest Service portfolio.
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 worldwide.
For more information, visit www.otis.com and follow us on
LinkedIn, Instagram, Facebook and
Twitter @OtisElevatorCo.
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Kathleen.Padgett@otis.com
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InvestorRelations@otis.com
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SOURCE Otis Worldwide Corporation