The CEO of the Century- Louis Chenevert

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%.

Gregory Aziz- Shaping The Engineering Industry

National Steel Car is a company that is found in North America. This is a company that he been around for a very long time. National Steel Car has the biggest following in the country. It has been in the country for the long term and has been in the industry for over a hundred years. National Steel Car is the biggest company in the region in terms of engineering and manufacturing. National Steel Car is a company that was established in the country following great demand for products related to railways in the region. It was started as a subsidiary of a corporation that was known as National Industries Inc.

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National Steel Car under the management of the current CEO Greg Aziz has been performing very well. This is a company that has been at the helm of the engineering and manufacturing industry for a long time. National Steel Car has managed to lead in this industry at a time when the global economy has not been doing so well. He has managed to keep the company glued to its goals throughout. Gregory James Aziz bought this company in 1994 from a corporation known as Dofasco. He came in dedicated to working or renovating this company and making it great once again.

 

National Steel Car is no longer the company it was a few decades ago. It was almost collapsing. However, due to the impact of this the team that is led by Greg Aziz, the production capacity of this company has been great. He has managed to turn the production capabilities if this firm upside down, he is leading in revolutionizing the engineering and manufacturing sector in the region. National Steel Car is set out to be the biggest corporation in the world under the management of Greg Aziz. He is leading the company at a time when the manufacturing capacity of this firm has been boosted.

 

 

National Steel Car under the management of Greg Aziz have been remarkable. He has managed to keep the company goals together. He has overseen a transformation that not many people would have expected. The company which was performing dismally under the previous management is now a global leader in an industry that is highly competitive. National Steel Car has been performing very well and its production capacity has also gone up. It is now not only an engineering company but a major economy booster for the country. National Steel Car has employed numerous people from the region. Get More Info Here.

Gregory Aziz runs Business Well

 

Although many people know that trade between the United States and Canada requires a strong and stable railroad system, there are few people who actually know the names faces and individuals behind the scenes. One of the names of the people who should be noted for decades of quality service, innovation and business acumen is that of Gregory James Aziz. Without a doubt, the business name that should be associated with his own is National Steel Car. But, how the association comes to be, and their antecedent events are worth knowing as well. It’s not exactly a straight shot to the top for this humble and industrious businessman, but the turns along the way are absolutely positive. And, it makes for an exemplary model of success.

The story of James Aziz starts in 1949 within London, Ontario. And for the most part, things get interesting once he attends Ridley College. But, he then moves on to major in economics from Ontario West University. With a proper head on his shoulders, naturally, the best thing to do for a young graduate is to join the family business. And the case of Gregory, this happens to be his family’s wholesale business. Along with this help, the family operation grows exponentially over the next 16 years to heights that many franchises simply do not see. His family service reaches across the globe to include Europe, Central and South America, but that is not to mention the United States and Canada as well. This excellence in service and commerce heralds the next success in his life where he manages money and finances in New York City.

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With the advantage of a proper education and good upbringing along with expertise in service and providing things that people need such as food and money on major scales, Gregory James Aziz is ready to provide the business world with something else it always needed. James Aziz achieves this goal through purchasing National Steel Car from Dofasco and thereby kick starts a production of steel cars across the globe that is leading the way to say the least. The numbers involved in this production are impressive as they round up to about 3,000 employees making over 120,000 cars a year ever since 1999. Although this steel car company proudly operates worldwide, its base of operation is located out of Hamilton Ontario. They succeed year in and out in bringing greatness back to the steel car industry and the nation of Canada.

 

See This Article for related information about the Greg Aziz.

 

Related: http://www.lacartes.com/business/Greg-Aziz-National-Steel-Car/191944

Obsidian Energy Limited Restructure for the Good

Obsidian Energy Limited is a Canadian public company that deals with the production of oil and natural gas. Based in Calgary, Alberta, the company has gas and oil wells in Western Canada Sedimentary Basin. The company was previously known as Penn West Petroleum LTD.

 

Due to crude oil prices fluctuation, financial and operational difficulties, Penn West Petroleum Ltd shareholder decide to undergo restructuring. The changes were not only to the name, but also to the entire organization, its redefinition, and the growth process moving forward. The company began disposing its assets from 2013 to reduce the net debts. The debt reduced from $3 billion in 2013 to $384 million in March 2017. Also, the company decreased its oil production from 135,000 barrels per day in 2013 to 28,000 this year. Furthermore, the number of employees was trimmed from 1,415 to 407 within three years.

 

The restructuring culminated to changing its name to Obsidian Energy Limited on June 26th, 2017.

 

With a well-balanced portfolio of high quality producing assets, Obsidian Energy Ltd allows for the delivery of bottom-line outcomes, creativity, and innovations. Under the leadership of its CEO, David French, the company has established values that would enable for directors and employees’ transparency, discipline, and commitment to their work.

 

Obsidian is community and environment sensitive, and hence they have put measures in place that call impacts connected to oil, and gas to be of concern and mitigated where possible. The objective of the company is its environmental programs. They have ensured that they meet all the regulations and encourage stakeholder input. Consequently, they have secured resource preservation and proper site desertion.

 

The company lost the Chairman of the Board of Director, Rick George. David French termed him as a man who helped in the reshaping of the organization from top to bottom, a man with good leadership skill and dedication to the industry as a whole. Find Related Information Here.

 

In 2017, during Obsidians’ second quarter financial results, it was announced that they are off to a good and stable start. That was excellent news despite the constraints of seasonal breakup conditions. Obsidian Energy Ltd. is currently trading on the Toronto Stock Exchange and New York Stock Exchange.

 

More: https://www.bloomberg.com/quote/OBE:CN