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Item 10. Directors, Executive Officers and Corporate Governance

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Item 10. Directors, Executive Officers and Corporate Governance

The information required by Item 10 with respect to directors, the Audit Committee of the Board of Directors and audit committee financial experts is incorporated herein by reference to the section of our Proxy Statement for the 2021 Annual Meeting of Shareholders titled "Corporate governance" (under the subheadings "Proposal 1: Election of directors", "Our board nominees", and "Our leadership and board structure" (including under the subheading "Board committees")).

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Information about our Executive Officers

The following persons are executive officers of Otis Worldwide Corporation:

NamePositionOther Business Experience Since 1/1/2016Age as of 2/5/2021
Bernardo Calleja FernandezPresident, Otis EMEA (since November 2020)President of Otis South Europe & Africa, Otis; President, Otis South Europe & Turkey, Otis58
James F. CramerPresident, Otis Americas (since June 2020)Regional Vice President, U.S. Western Region, Otis56
Rahul GhaiExecutive Vice President and Chief Financial Officer (since April 2020)Vice President and Chief Financial Officer, Otis; Senior Vice President and Chief Financial Officer, Harris Corporation49
Laurie P. Havanec*Executive Vice President and Chief People Officer (since April 2020)Corporate Vice President, Talent, UTC; Chief Human Resources Officer, Institution Businesses, Aetna, Inc.60
Christopher J. KearneyExecutive Chairman (since April 2020)Non-Executive Chairman, SPX FLOW, Inc.65
Nora E. LaFreniereExecutive Vice President, Chief General Counsel & Corporate Secretary (since April 2020)Vice President and General Counsel, Otis49
Judith F. MarksPresident and Chief Executive Officer (since April 2020)President, Otis; Chief Executive Officer, Siemens USA and Dresser-Rand (a Siemens company); Executive Vice President, New Equipment Solutions, Dresser-Rand57
Stephane de MontlivaultPresident, Otis Asia Pacific (since April 2020)President, Otis Asia Pacific; President, Otis Northeast Asia, Otis President, Northeast Asia and President of Nippon Otis Elevator Company61
Michael P. RyanVice President and Chief Accounting Officer (since April 2020)Vice President and Assistant Controller, UTC; and Executive Director, Corporate Accounting and Controls, UTC51
Peiming Zheng (Perry)President, Otis China (April 2020)President, Otis China; President, Business & Industrial Systems China, Otis53

All of the officers serve at the pleasure of the Board of Directors of Otis Worldwide Corporation.

  • As previously disclosed, Ms. Havanec provided the Company with notice of her intent to leave the Company on February 5, 2021.

Information concerning Section 16(a) compliance is incorporated herein by reference to the section of our Proxy Statement for the 2021 Annual Meeting of Shareholders titled "Other important information" under the subheading "Delinquent section 16(a) reports." We have adopted a code of ethics, the Otis Absolutes, that applies to all our directors, officers, employees and representatives. This code is publicly available on our website at http://www.otis.com/How-We-Work/Ethics-And-Compliance/Pages/Default.aspx. Amendments to the code of ethics and any grant of a waiver from a provision of the code requiring disclosure under applicable SEC rules will be disclosed on our website. Our Corporate Governance Guidelines and

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the charters of our Board of Directors’ Audit Committee, Compensation Committee and Nominations and Governance Committee are available on our website at http://www.otis.com/Who-We-Are/Corporate-Governance/Pages/default.aspx. These materials may also be requested in print free of charge by writing to our Investor Relations Department at Otis Worldwide Corporation, One Carrier Place, Investor Relations, Farmington, CT 06032.

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