In his career, Louis Chenevert has achieved much success. For 14 years, the visionary leader worked as St. Therese Production General Manager, which is a unit of General Motors. In addition, Chenevert served as the CEO and chairman of United Technologies Corporation (UTC). He is French-Canadian. Louis holds a bachelor’s degree in production management from the world-renowned University of Montreal.
For over ten years, Louis worked for General Motors. Later, he joined Pratt & Whitney, a business unit of United Technologies Corporation. After working for six years at Pratt & Whitney Canada, the executive was elected president of the entire business in 1999. Chenevert rendered his services for seven years before he was promoted to serve as the president and CEO of UTC.
As the head of UTC, which is worth $100 billion, Chenevert achieved much success. A large number of corporate executives are yet to achieve such achievements in their respective professions. Early in his career at UTC, Louis Chenevert played a pivotal role in the acquisition of Goodrich. Negotiations with the leadership of the company went on for over a year before they settled on a deal of $18.4 billion.
Moreover, Chenevert focused on promoting the advancement of technology and growth of employees. He helped the company to invest in outstanding technology and its people. When he took over the leadership of the company, Chenevert made it his personal goal to use his knowledge and experience to make significant improvements in UTC. He is credited for initiating a noble Employee Scholar Program. This initiative covers the cost of education for the employees seeking to enhance their careers. More than 40,000 UTC employees graduated with their degree courtesy of the program.
The executive’s forward-thinking ability is one of his admirable qualities. He was able to select projects having the greatest potential to advance the firm’s vision and inspire employees to work towards enhancing the company’s success. Owing to his exceptional commitment to his work and vast accomplishments, Chenevert has been honored multiple times. In 2009, he received the National Building Museum’s Honor Award. In 2011, Aviation Week & Space Technology named him as the Person of the Year.