The Impact of Louis Chenevert During his Reign at United Technologies Corporation

Louis Chenevert is a French-Canadian who has gained leadership skills in the corporate world. He holds a degree in production management from the Université de Montréal, HEC. Louis is an executive member of the Business Roundtable as well as a fellow of Cargill board of directors, American Institute of Aeronautics and Astronautics, Congressional Medal of Honor Foundation and Yale Cancer Center’s Advisory Board.

His career began at General Motors St. Therese operation where he worked as a production general manager. He served the company for fourteen years and later got an employment opportunity at Pratt and Whitney in 1993. He served Pratt and Whitney until 1999 when he got appointed as president of the entire division of larger United Technologies Corporation-Pratt &Whitney. Louis Chenevert later progressed in his career to become the president and chief executive officer of UTC in 2006. He earned an incredible reputation for his achievements as a leader. He spearheaded the purchase of Goodrich that had a monetary value of $18.4 billion.

Louis Chenevert promotes the advancement of technology in UTC as well as the growth of individuals. He incorporates his knowledge and skills to make improvements in the firm, by ensuring the company invests in the right technology. OTC capitalizes on its employees through a scholarship program, Employee Scholar Program, which supports workers who are interested in pursuing further education. The firm has spent over one billion dollars for the scholarship program.

Mr. Chenevert helped UTC to choose projects that had the potential of enhancing the company’s vision alongside inspiring employees to ensure the plans were a success. Louis leadership made the company to become the sole supplier of the F-35 engine for the US government. He spearheaded the growth of UTC’s Sikorsky unit to become the largest manufacturer of helicopters alongside dominating the market for heating, air conditioning, and refrigeration. According to Forbes, Louis Chenevert was always on the forefront to champion improvements that led to the growth of UTC, despite the devastating subprime recession that attacked the US during his reign. Mr. Louis later resigned from the United Technologies Corporation in 2014, to later become an exclusive advisor to Marketing Banking Division of Goldman Sachs.