Otis Worldwide Appoints Cristina Méndez as CFO

By Tamara Parker • Friday, July 19 15:20 • Permanent Link

Otis Worldwide Corporation (NYSE: OTIS) has announced the appointment of Cristina Méndez as the new Executive Vice President & Chief Financial Officer. Méndez will be succeeding Anurag Maheshwari, who is leaving Otis to pursue an opportunity outside the company. Judy Marks, Otis Chair, CEO & President, expressed confidence in Méndez's ability to lead financial activities at Otis, citing her extensive experience in financial management and leading transformation both within and outside the company.

Méndez, who currently serves as Senior Vice President, Finance EMEA & Transformation, joined Otis in 2022 and has been credited with successfully leading the finance teams in the Europe Middle East and Africa (EMEA) region, responsible for more than half of Otis' global service portfolio. Prior to joining Otis, she held senior finance executive roles in the global telecommunications industry for over 15 years, with a majority of her career spent at the Telefonica Group.

Meanwhile, Otis plans to release its second-quarter earnings on July 24, with both Anurag Maheshwari and Cristina Méndez joining Judy Marks on the earnings call to discuss the company’s results and financial outlook.

Otis Worldwide Corporation is the world's leading elevator and escalator manufacturing, installation, and service company, with a significant global presence, serving over 200 countries and territories worldwide. The market has reacted to these announcements by moving the company's shares -0.5% to a price of $98.26. For the full picture, make sure to review Otis Worldwide's 8-K report.

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