Judy Marks has led the iconic elevator and escalator company Otis Worldwide since she helped engineer its spin out from then-parent company United Technologies in April 2020.
She had joined Farmington-based Otis just three years before as president, becoming CEO in 2019.
Prior to Otis, she held senior leadership roles at three other major companies — IBM, Lockheed Martin and Siemens AG, where she served as CEO of both Siemens USA and Dresser-Rand. She is the only woman to lead a Connecticut-based Fortune 500 company.
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Marks is leading Otis during a time of rapid change in the industry, as data analytics and IoT-based service technologies usher in an era of “intelligent” buildings and allow for predictive maintenance of elevators and escalators — a growing part of Otis’ business.
The company has 72,000 employees across 80 countries. Its significant operations in China have been one of the challenges for Otis in recent years as softness in that country’s construction industry has hit demand for new installations.
Marks serves on the board of directors of Otis Worldwide, Caterpillar Inc. and AdvanceCT. She is on the board of directors of the Business Roundtable and is chair of its trade and international committee.
She earned a degree in electrical engineering from Lehigh University.