Louis Chenevert was the CEO of United Technologies Corporation (UTC) between 2008 and 2014. His six years term in office were some of the best for this company. He managed to accomplish what many others before him had not managed to get. He was driven by love for success and made every effort to see that the company succeeded. In just six years, he tripled the share value of the company. Besides that, he left the company in a very good position to make profits for many years to come. He used his time as the CEO to make a mark that will remain for many years to come.
In the works for a while – interesting read: https://t.co/ZIU8n9b9Qa
— Louis Chenevert (@louis_chenevert) June 11, 2018
Louis Chenevert always wanted to be a successful business person when he grew up. At a young age, he developed interests in entrepreneurship and business. With the passion that he had for excelling in business, he made decisions which made him a key leader in business. He pursued a degree in production management at HEC Montreal School of Business. Armed with this degree, he was ready to help companies accomplish their targets by ensuring that production was running well.
The first company that Louis Chenevert worked for is General Motors. Here, he learned the most important factors in a production environment. He managed a high production facility. Production at GM was one vehicle in one minute. The process, therefore, needed precision of the highest order to ensure that nothing goes wrong.
After working in the auto industry for some time, Louis Chenevert moved to the aerospace, industry. He wanted to try something else, and this could only be accomplished by working in an industry that was closely related to what he had experience in.
In the aerospace, Louis Chenevert worked with Pratt & Whitney Canada before being moved to Pratt & Whitney in the United States. His performance in Canada was so good, and the company wanted what had happened in Canada replicated in the main company. Pratt & Whitney is a business under UTC. At the height of his role at P&W, he was the president of the company. Again, he was moved to UTC where he had an opportunity of working for ore business and not just P&W.