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AI brief of an SEC Form 8-K · Otis Worldwide (OTIS)

Otis Worldwide names Enrique Miñarro Viseras chief operating officer effective January 16

Neutral Impact 4 of 5 leadership Written later

Otis Worldwide appointed Enrique Miñarro Viseras, previously its President of Otis EMEA, as Chief Operating Officer, effective January 16, 2026. The offer letter raises his base salary to $820,000 and his annual short-term incentive target to 120% of base salary, with an annual equity award target value of $3,500,000 beginning in fiscal 2026.

Key points

  • Appointed by the Board on January 13, 2026, effective January 16, 2026, after serving as President, Otis EMEA since October 2023
  • Base salary increased to $820,000; short-term incentive target set at 120% of base salary
  • Annual equity award target value of $3,500,000 under the 2020 Long-Term Incentive Plan, starting with fiscal year 2026

The filing

CompanyOtis Worldwide (OTIS)
Form8-K, current report
Filed with the SECJan 20, 2026, 6:51 AM ET
Accession number0001140361-26-001569

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 20, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.