How Marks was paid
$17M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Judy MarksChair, Chief Executive Officer and President | $1,400,000 | — | $13,182,895 | — | $1,965,600 | — | $429,382 | $16,977,877 |
| Cristina MéndezExecutive Vice President & Chief Financial Officer | $912,528 | — | $3,101,938 | — | $707,402 | $443,566 | $969,337 | $6,134,771 |
| Perry ZhengFormer Executive Vice President & Chief Product, Delivery and Customer Officer | $715,000 | $2,326,404 | — | $505,000 | — | $626,780 | $4,173,184 | — |
| Enrique Miñarro ViserasExecutive Vice President & Chief Operating Officer | $762,358 | — | $2,843,393 | — | $518,166 | $12,984 | $186,145 | $4,323,046 |
| Sally LohPresident, Otis Greater China | $664,229 | — | $1,809,514 | — | $289,632 | — | $1,199,295 | $3,962,670 |
| Tracy EmbreeFormer President, Otis Americas | $355,000 | — | $2,584,949 | — | $263,496 | — | $1,551,884 | $4,755,329 |
What changed and why
- $17MCEO total compensation decreased to $16,977,877 in 2025 from $42,102,257 in 2024.
- 91.6%At-risk compensation comprises approximately 91.6% of the CEO target compensation opportunity.
- The company conducted extensive shareholder outreach following the 2025 say-on-pay vote.
- Option awards were omitted for the CEO in 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.