UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K



CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): December 8, 2021
 


graphic
 
OTIS WORLDWIDE CORPORATION
(Exact name of registrant as specified in its charter)



Delaware
001-39221
83-3789412
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
One Carrier Place
Farmington, Connecticut 06032
(Address of principal executive offices, including zip code)
 
Registrant’s telephone number, including area code
(860) 674-3000
 
N/A
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock ($0.01 par value)
OTIS
New York Stock Exchange
0.000% Notes due 2023
OTIS/23
New York Stock Exchange
0.318% Notes due 2026
OTIS/26
New York Stock Exchange
0.934% Notes due 2031
OTIS/31
New York Stock Exchange
 


Section 8 – Other Events
 
Item 8.01.
Other Events
 
On December 8, 2021, the Board of Directors (the “Board”) of Otis Worldwide Corporation (the “Company”) elected Judith Marks as Chair of the Board, in addition to her position as President and Chief Executive Officer of the Company, effective February 3, 2022. Ms. Marks will succeed Christopher Kearney, who has served as Executive Chair since Otis became an independent, publicly traded company in April 2020. Mr. Kearney will remain on the Board as a Director. John Walker will continue in the role of Lead Independent Director.
 
A copy of the press release announcing these changes is attached hereto as Exhibit 99.1 and is incorporated in this Item 8.01 by reference.
 
Section 9—Financial Statements and Exhibits
 
Item 9.01.
Financial Statements and Exhibits.
 
(d) Exhibits.

Exhibit
Number
 
Exhibit Description
     
   
Press release of Otis Worldwide Corporation, issued December 8, 2021.
     
104
   
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.


SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
OTIS WORLDWIDE CORPORATION
   
 
(Registrant)
     
Date:  December 8, 2021
By:
 /S/ NORA E. LAFRENIERE
   
Nora E. LaFreniere
   
Executive Vice President and General Counsel