Otis Worldwide Boosts COO Enrique Miñarro Viseras' Pay to $820,000 with Enhanced Incentives

Reuters01-20

<a href="https://laohu8.com/S/OTIS">Otis Worldwide</a> Boosts COO Enrique Miñarro Viseras' Pay to $820,000 with Enhanced Incentives

Otis Worldwide Corporation has announced new compensation terms for Enrique Miñarro Viseras following his appointment as Chief Operating Officer, effective January 16, 2026. Under the new agreement, Mr. Miñarro Viseras’ base salary will increase to $820,000, and his annual short-term incentive target will rise to 120% of his base salary. He will also be eligible for an annual equity award with a target value of $3,500,000 under the company’s 2020 Long-Term Incentive Plan, beginning with fiscal year 2026. Additionally, he will receive an annual financial counseling reimbursement of up to $16,000 and an annual executive health exam. The terms were formalized through an amended employment agreement approved by the Board’s Compensation Committee.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Otis Worldwide Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-001569), on January 20, 2026, and is solely responsible for the information contained therein.

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Under the new agreement, Mr. Miñarro Viseras’ base salary will increase to $820,000, and his annual short-term incentive target will rise to 120% of his base salary. He will also be eligible for an annual equity award with a target value of $3,500,000 under the company’s 2020 Long-Term Incentive Plan, beginning with fiscal year 2026. Additionally, he will receive an annual financial counseling reimbursement of up to $16,000 and an annual executive health exam. The terms were formalized through an amended employment agreement approved by the Board’s Compensation Committee.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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