Louis Chênevert’s Successful Run at UTC

Louis Chenevert is certainly a businessman that others should look up to. Not only has he reached endless amounts of success, but he did it all with integrity. He was born in Canada in 1958. Louis received his Bachelor’s degree from the Université de Montréal in Production Management. He worked at General Motors as St. Therese Production General Manager for over 14 years. His most impressive job to date was of Chief Executive Officer and Chairman at United Technologies Corporation (UTC).
Mr. Chênevert worked at UTC for over a decade when he joined the Pratt & Whitney business unit. He was elected President of that division in 1999. After seven years in that position he was elected President and Chief Executive Officer of the whole United Technologies Corporation. This businessman did the unthinkable. In just one year Louis’s achievements made around $100 billion dollars, something no successful entrepreneur has done in their whole career. One of the biggest factors was his acquisition of Goodrich tires for 18.4 billion dollars.
Once he became leader of United Technologies Corporation, he did not abuse his power or just focus on the dollar bill signs. Mr. Chênevert made a personal vow to help the people also. He knew it was the people that what makes a company great, not just the technology. UTC started the Employee Scholar Program, which the company pays for employee’s education in their respective fields. United Technologies Corporation has invested over $1 billion dollars so that their employees could further their education. That is far over 40,000 employees who have benefited from the Employee Scholar Program.

Louis is a smart businessman and leader, only picking the projects with the most potential, partnered with the right people. This made for a very successful duo, launching United Technologies Corporation into even bigger heights of success. Due to Chênevert’s efforts UTC became the only supplier of F-35 engine for the United States government. UTC is also the largest manufacturer of helicopters in America, including parts such as flight controls, brakes, actuators, landing gear, and sensors. On December 8th, 2014, Mr. Chênevert left United Technologies Corporation to pursue other ventures. The Merchant Banking Division of Goldman Sachs later appointed Louis as an Exclusive Advisor.

Louis Chenevert is certainly a businessman that others should look up to. Not only has he reached endless amounts of success, but he did it all with integrity. He was born in Canada in 1958. Louis received his Bachelor’s degree from the Université de Montréal in Production Management. He worked at General Motors as St. Therese Production General Manager for over 14 years. His most impressive job to date was of Chief Executive Officer and Chairman at United Technologies Corporation (UTC).
Mr. Chênevert worked at UTC for over a decade when he joined the Pratt & Whitney business unit. He was elected President of that division in 1999. After seven years in that position he was elected President and Chief Executive Officer of the whole United Technologies Corporation. This businessman did the unthinkable. In just one year Louis’s achievements made around $100 billion dollars, something no successful entrepreneur has done in their whole career. One of the biggest factors was his acquisition of Goodrich tires for 18.4 billion dollars.
Once he became leader of United Technologies Corporation, he did not abuse his power or just focus on the dollar bill signs. Mr. Chênevert made a personal vow to help the people also. He knew it was the people that what makes a company great, not just the technology. UTC started the Employee Scholar Program, which the company pays for employee’s education in their respective fields. United Technologies Corporation has invested over $1 billion dollars so that their employees could further their education. That is far over 40,000 employees who have benefited from the Employee Scholar Program.

Louis is a smart businessman and leader, only picking the projects with the most potential, partnered with the right people. This made for a very successful duo, launching United Technologies Corporation into even bigger heights of success. Due to Chênevert’s efforts UTC became the only supplier of F-35 engine for the United States government. UTC is also the largest manufacturer of helicopters in America, including parts such as flight controls, brakes, actuators, landing gear, and sensors. On December 8th, 2014, Mr. Chênevert left United Technologies Corporation to pursue other ventures. The Merchant Banking Division of Goldman Sachs later appointed Louis as an Exclusive Advisor.

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