Louis Chenevert is French-Canadian born businessman and one of the successful CEOs of all times. When it comes to successful people in business around the world, Louis Chenevert name can never be forgotten. Louis Chenevert is a great entrepreneur who is well experienced in the business world. Although Louis has taken an active role in developing of many ventures, he is well-known for his exceptional leadership and managerial skills at the United Technologies Corporation or the UTC where he served as the chief executive officer. UTC is an American international company that deals with the study, development and also the production of high-technology items or products.
Louis is well-educated with a Bachelor’s in production management from the University of Montreal, Ecole des Hautes etudes commerciales. Perhaps this explains why he has been very successful in steering UTC to growth. Read more about Louis Chenevert at Crunchbase.
He has served in General Motors for over a decade as the General Manager and also served in the Pratt & Whitney Canada a subunit of United Technologies Corporation. After serving in the helm corporation for six years, he was voted as the head of the whole Pratt & Whitney unit in 1999. He held this office for seven years before being chosen as the head and CEO of the Company. He set the right foundation for the Corporation which has seen it continue thriving in the market due to the development schemes and plans he implemented.
One such strategic development plan was capitalizing on both the right people and most advanced technologies. The entrepreneur believed investing in the ideal technology would see the Corporation go far while investing in the perfect people would make it even sail further in success. Adopting, an employee scholar program, was an effort by the company to stamp its commitment in putting resources to people. The program was aimed at enabling their employees to access higher learning easily. It has not been in vain since more than 40k of their employees has acquired higher education learning since it was launched in 1996. Read more at yatchingmagazine.com.
His Service at UTC
When Louis was elected as the CEO of UTC, he made it an obligation to use his knowledge and experience to ensure the Corporation sees improvements. He was determined to leave the company in a better place than how it was when he took over. He left UTC in Dec 2014 where and was later appointed as the Exclusive Advisor at the Merchant Banking Division of Goldman Sachs.
He has achieved about $100 billion in profit during his tenure in a year. This is something that not many corporate managers have accomplished during their whole career yet he has done it in a year. Goodrich procurement is one excellent point of accomplishment. Louis Chenevert demonstrated a quality leadership style that saw UTC beyond its vision and inspires people to make corporate projects successful. The role of Louis Chenevert in UTC continues to this day. In addition to taking UTC to higher heights, Louis retained a remarkable legacy and established a mark that still did not match any other CEO.