Louis R Chenevert is a well renowned Canadian businessman. He graduated from HEC Montreal University, school of business with a Bachelor’s degree in Production Management. He worked at General Motors as a Production Manager before joining Pratt & Whitney in 1993 where he was elected the President of Pratt and Whitney.
On 1st January 2010, Louis Chenevert was elected the 8th chairman of UTC succeeding George David. However, Louis Chenevert also held other dockets in the Corporation as he held the position of the President and Chief Operating Officer. Visit United Technologies website for more info.
Chenevert’s achievements cannot be undermined through his impressive performance at UTC. During his single year at UTC, Chenevert managed to raise the net worth of the Corporation to almost $100 billion. This is an achievement that many corporate executives are yet to achieve throughout their careers.
His major achievement was the acquisition of Goodrich after almost more than one year negotiating about the deal which was worth $18.4 billion. He was committed in investing not only in technology but also in people. He assured the Corporation that he would use his knowledge and experience to have a positive impact on the company and leave it better than he found it.
He asserted that investing in the right technology would take the company far but investing in the right people would take it even further. UTC’s commitment to invest in people and nurturing their talents and abilities is well underlined in the company’s “Employer Scholar Program”. This program covers all expenses for employees who are interested in furthering their education. Read more about Louis at crunchbase.com.
Over 40,000 employees have attained their degree through this program.
During his time as the C.E.O, his guiding philosophies were his leadership skills and forward-thinking abilities. Chenevert resigned on 8thDecember 2014 and replaced by Edward Kanga.
He also worked in the Business Council as the Chairman of Executive Committee. After his resignation, he took up the position of an Exclusive Advisor in the Merchant Banking Division from September 2015. His roles were mainly offering advisory services to business and also targeting other opportunities.