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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.

 

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.

 

https://www.bloomberg.com/photo/united-technologies-corp-ceo-louis-chenevert-/104967.html

It’s not an easy thing to be eternally optimistic. Being an entrepreneur requires a relentless passion for success and a formula for consistency. The former chairman and chief executive officer of United Technologies Corporation, Louis Chenevert, knows how to get the right people together to accomplish nearly anything. After 14 years at General Motors and 7 years at Pratt & Whitney, he was prepared for the challenge at UTC. During his time there, he came to understand that to exceed expectations and thrive, the focus must be on operational talent and engineering. Early in his career, he had learned how to solve problems through the support of the employees who knew the operations best. To be involved at the ground level of development was a very important aspect of his career.

One of the things that Louis Chenevert did was to surround himself with positive people who had good ideas. With no patience for internal politics, he spent most of his time forging forward with the newest innovative ideas he could find. He knew that key executives needed to have the tools and resources available to them to accomplish their goals. He also knew that assembling the right team and removing roadblocks that could hinder their progress was a very important role that he needed to play. He was constantly aware of the fact that the right people working together can create game-changing innovations and advance technology further than imagined.

One of the accomplishments of UTC was the development of the GTF engine which was more fuel efficient and contained fewer parts. Another was developing X2 technology at Sikorsky that enabled helicopters to travel at twice the old speed. They developed the F135 engine which changed military propulsion forever. The acquisition of Goodrich Aerospace, an $18 billion company would alter the history of UTC indefinitely. All of these things happened under his supervision and guidance.

http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx