Louis Chenevert’s Career
Louis Chenevert served at the United Technologies Corporation (UTC) as the chairman and CEO from January 2010 until his retirement in November 2014. Before that, he was also UTC’s president and COO since 2006. Mr. Chenevert also worked at Pratt & Whitney from April 1999 until March 2006 where he was a director. Other than that, he worked for 14 years at the General Motors and served as the Production General Manager. After his retirement from UTC, Louis Chenevert moved to Gold Man Sachs Merchant Banking Division where he worked for two years as the Senior Industry Advisor.
Moreover, Mr. Chenevert also holds high positions in various organizations where he is one of the members of the board of directors at the Cargill Inc. which he joined in 2011. Again, in 2017, he was elected to head as the chairman of Congressional Medal of Honor Foundation besides chairing at the Yale Cancer Center’s Advisory Board. Again, he is a chairman and founding director of friends of HEC board of directors and chairs the HEC Montreal’s International Advisory Board. He is a hardworking and dedicated individual who has made a positive impact on every business that he was involved.
About Louis Chenevert’s Accomplishments at the UTC
Louis Chenevert has his origins from Montreal, Quebec from where he received his education. He graduated from Universite de Montreal where he did his Bachelor of Commerce in Production Management. As an influential leader, the highlight of his career was at UTC where during his tenure there was a serious market economy crisis where companies made losses. Nonetheless, Louis Chenevert managed to help UTC stay profitable by making significant adjustments to the business. He did this by moving the company’s engineers to a central location to work together and develop quality products whereas other companies cut costs, hence compromising on product quality.
During his time at the UTC, Mr. Chenevert e mployed a strategy that was centered towards nurturing operational talent which helped engineers to innovate new improved products. Also, with the well-motivated workers helped the business to have its customer’s expectation met while collecting revenue and remaining profitable. Mr. Chenevert ensured this by forming small teams and selecting team leaders that worked on unique products that marked a difference in the future aeronautics production. As a result, the UTC which is a $63 billion conglomerate company became the market leader in aeronautics product manufacturing.