Louis Chenevert is a former CEO of one the most successful organization in the United States known as the United Technologies Corporation. Mr. Chenevert is a renowned entrepreneur whose roots are from Quebec, Canada. Louis Chenevert earned his bachelor’s degree in Production Management from the HEC Montreal in 1979, an affiliate of the University of Montreal. He is also an award-winning businessman where he has won numerous awards including the Honour Awards from the National Building Museum.
Chenevert’s Career Highlights
Louis Chenevert was elected as the (UTC) United Technologies Corporation’s CEO in 2011. Prior to that, the former CEO had worked in a number of companies, and he rose to senior positions. Mr. Chenevert started by working in General Motors where he worked for 14 years and became the general production manager. In 1993 he joined Pratt & Whitney and was named as the vice president of operations and later declared as president. Following his time at UTC, Chenevert joined Goldman Sachs as an exclusive advisor.
The UTC Under Louis Chenevert’s Leadership
The UTC organization is headquartered in Farmington Connecticut in the United States. When Louis Chenevert assumed office as CEO in 2011, the company grew exceptionally well and had incredible accomplishments during his tenure. UTC Company dominates in numerous product manufacturing including aircraft engines, aerospace systems, fire and security, elevators and escalators, among many others. With Mr. Chenevert at the helm, he inculcated a culture of appreciating employees who in turn were loyal and very productive.
Moreover, Louis Chenevert’s vision in his former organization Pratt & Whitney was a game changer in the company when he incorporated it to UTC. Mr. Chenevert introduction of the turbofan engine is what changed the future of UTC. What’s’ more, Louis Chenevert is a visionary individual who recognized back then when he was still at Pratt & Whitney that the GTF engine would change the future aeronautical industry. He would later integrate the two where it was an investment of $10 billion that saw the designing and development of a jet engine that completely changed the industry. In addition, the fuel consumption was reduced by 16% while the emission was reduced by 50%.