Sign in to search for past news!
March 27, 2024, 7:30 p.m.
Otis's Judy Marks to future CEOs: It's 'radically different than any other role you've had'
Otis's Judy Marks to future CEOs: It's 'radically different than any other role you've had'
['company', 'Murray', 'business', 'going', 'think']

COVID "was a great equalizer [of CEOs]...even though I was relatively new, even the experienced leaders hadn't been through it," says Otis CEO Judy Marks.

Otis's Judy Marks to future CEOs: It's 'radically different than any other role you've had'

On this episode of Fortune's Leadership Next podcast, Alan Murray sits down with Judy Marks, CEO of the 170-year-old elevator company, Otis, to discuss taking over the company as it was spun off from United Technologies, running an essential services business through the pandemic, and the company's mic drop growth since 2020. Murray: Judy is the CEO of [the] Otis elevator [company], which spun out of United Technologies just four years ago. We have, I think, 18 people here who have been selected by their companies as potential future CEOs. For those of you here in the audience, the CEO role is radically different than any other role you've had. I was an operator engineer by background, grew up running divisions, running parts of companies. Our company turned 170 years old last year, just so you understand the historicalmost every one of the colleagues had been their whole career had been at Otis. After the Russian invasion of Ukraine, every company that I know of started to do a rethink and said, Hey, wait a minute, where is this relationship with China going? What's happening in the Taiwan Straits? What does that mean about our business? How did you at Otis think about that? Then the call came for Otis and at that stage in my career it was, I really wanted to be a public company CEO. I didn't early on.

Sign in to see related stories!
Sign in to comment!