When talking about career accomplishments about Louis Chenevert, one cannot fail to outline what he achieved at UTC. Louis Chenevert has been at the top leadership of United Technologies Corporation, and also a 14-year early career stint as the General Manager at St. Therese Production Unit. Chenevert’s journey in his career is nothing short of success owing to his determination in making UTC a force to reckon with.
Chenevert started spent 14 years as the General Manager at St. Therese Production Unit. He later went to join the Pratt & Whitney business unit which is owned by the United Technologies Corporation. His six-year stay and Pratt & Whitney led to his election as the division’s president in 1999. He spent seven years in this position and later became United Technologies Corporation CEO. He is credited with an impressive achievement that totaled up to $100 billion within a year. He was instrument during the acquisition of Goodrich, a deal which cost $18.4 billion. This happened after a year’s worth of negotiations with Goodrich Leadership.
His leadership style includes investing not only in technology but in people. His commitment was to ensure that he left UTC better than he found it. Chenevert believes that investing in the right technology will take the company to greater heights, but investing in the right people will improve the company even better. Under his leadership, UTC nurtures its employees through Employee Scholar Program that encourages them to pursue further education in diverse fields. Chenevert managed to make Pratt & Whitney an effective sole supplier of the F-35 engine to the US government. He also managed to make UTC’s Sirkosky on of the largest helicopter manufacturers in the United States.
Louis Chenevert is a French-Canadian businessman who has served as the chairman and chief executive officer of United Technologies Corporation. He sit at the Executive Committee of the Business Roundtable. Chenevert is the Chairman of the Tax and Fiscal Policy Committee, The Business Council and is also involved with the US-India Forum.
Chenevert attended the Universite de Montreal, Ecole des Hautes etudes commerciales (HEC) where he graduated with a bachelor of commerce in production management. He is founding director and chairman of the Board of Directors for the Friend of HEC Montreal.