The Success Story of Louis Chenevert

The Success Story of Louis Chenevert

When narrating the success story of United Technologies Corporation, Louis Chenevert is a name that features into the equation. The Canadian business professional has been a huge contributor to the company’s growth and expansion. In this article, his contributions are highlighted through his career from the moment he joined UTC to when he quit pursuing other business ventures.

Education

Louis Chenevert grew up in Montreal, Quebec. Like normal life would dictate, he earned a degree in business administration from HEC in Montreal. He also pursued a bachelor’s degree in production and management from the prestigious University of Montreal. He was visionary and smart in class. Louis bagged a doctorate in honoris causa in 2014.

Experience

14 years after graduating college, Louis served at General Motors. He was the general production manager. In his capacity, he streamlined the infrastructure of the organization for unparalleled service delivery. He then joined Pratt & Whitney Canada as a vice president. Louis was industrious to the point of earning elevation as the operations manager. He was later promoted to the presidency in 1999.

Additional Information

By 2006, Louis had garnered vast managerial experience at Pratt & Whitney. United Technologies Corporation employed him as the chief operating officer. He was then promoted to the presidency and later directorship. Louis was in charge of critical decision making. He had the propensity to combine effort and talent at work. Louis learned the value of the corporation as well as the importance of bringing value to employees.

Overview

As the chief executive officer of UTC, Louis recognized the value of partnerships in organizations. Since he had worked at Pratt & Whitney, he was sure of GTF’s engine value in the business. He, therefore, chaired a meeting that connected UTC with Pratt & Whitney. The partnership cost $ 10 billion. Louis was confident that it would be successful. The two designed a constructive, jet engine with reduced fuel consumption.

Louis’ Impact

Currently, GTF is flown in over 14 airlines across 70 aircraft. This success is attributed to Louis Chenevert. As a half-retired individual, his legacy reigns in UTC. Aspiring business professionals also admire him. Louis continues to serve in different companies not only as a leader but a guardian.

https://www.bloomberg.com/news/articles/2015-09-08/goldman-sachs-hires-former-united-technologies-ceo-chenevert

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