Otis Worldwide Q2 Sales Beat Estimates, Raises Guidance Elevator manufacturer reports 6.7% YoY sales growth, plans $150M cost savings with UpLift program. Zenger · Jul 30, 2023
GE Makes Leadership Changes In Aviation Unit: All You Need To Know General Electric Co (NYSE:GE) has named its current Chairman and CEO H. Lawrence Culp, Jr., to take up the additional role of CEO of GE Aviation, effective immediately. GE Aviation's current President and CEO, John Slattery, has been named Executive Vice President and Chief Commercial Officer of the business. GE named Russell… Benzinga · Jun 27, 2022
Otis Names Anurag Maheshwari As Finance Chief Otis Worldwide Corp (NYSE:OTIS) has appointed Anurag Maheshwari as Executive Vice President & Chief Financial Officer, effective August 12, 2022. Maheshwari will succeed Rahul Ghai, who has accepted a position outside Otis. Most recently, Maheshwari served as Vice President, Finance, IT, and Chief Transformation Officer in the Otis Asia Pacific region. Before joining… Benzinga · Jun 27, 2022
Otis Worldwide Shares Gain Post Q1 Results Otis Worldwide Corp (NYSE:OTIS) reported first-quarter FY22 sales growth of 0.2% year-over-year to $3.414 billion, +3.1% on an organic basis, missing the consensus of $3.43 billion. New Equipment sales of $1.42 billion (-2.5% Y/Y), -0.5% organic. New Equipment orders were up 8.8% at constant currency, with growth in all regions. Backlog increased… Benzinga · Apr 25, 2022
Otis Worldwide Stock Gains Post Q4 Results, Provides FY22 Guidance Otis Worldwide Corp (NYSE:OTIS) reported fourth-quarter FY21 sales growth of 2.2% year-over-year to $3.569 billion, +2.8% on an organic basis, missing the consensus of $3.58 billion. New Equipment sales of $1.56 billion (+2% Y/Y), +1.2% organic. Organic sales were 11.9% in Asia, partially offset by a decline of 9.5% and 6.3% in the… Benzinga · Jan 31, 2022