Category Archives: Technology

Life and Achievements of Louis Chenevert

Louis Chenevert is a Canadian businessman who has served as the Chairman and the Chief Executive officer of United Technology Corporation. Louis also worked as the President of Pratt and Whitney Canada, a unit of UTC. He spent 14 years working at General Motors as St. Therese Production Manager. Louis graduated with a Bachelor’s degree in production management from Universite de Montreal, Ecole des hautes etudes commerciales (HEC).

Ascension and Achievement at the Helm of UTC

Louis Chenevert was elected to the helm of United Technologies Corporation in April 2008. He was later elected as the chairman in 2010. His achievements exceeded 100 billion dollars as the leader of United Technologies Corporation. Louis enabled UTC to acquire Goodrich at $18.4 billion, having spent too much time in negotiations with its top leaders. Louis believes in investments in promoting technology advancement as well as the individual growth of employees. He has used his knowledge and wide experience to improve UTC.

Louis ability to forward-think saw United Technology Corporation pick the best projects with the highest potential to further the vision of the company. It was also a way that he used to inspire people at making those projects successful. The biggest helicopter manufacturer in the US is UTC’s Sirkosky Unit. When it comes to refrigeration and air conditioning and heating, the corporation remains dominant. Chenevert was able to make UTC’s Pratt & Whitney Unit the sole supplier of the F-35 engine for the government of United States.http://frenchtribune.com/teneur/25552-innovative-deals-and-inspired-leadership-characterize-louis-chenevert

Resignation from UTC

Louis Chenevert resigned from United Technology Corporation on the 8th of December 2014. Goldman Sachs appointed Louis as the Exclusive Advisor at its Merchant Banking Division. His primary role was to look for the best growth opportunities in the aerospace industries. His impact at UTC is still felt since the corporation remains dominant in the market, thanks to the foundation he laid.

Louis Chenevert is the chairman of the Tax and Fiscal Policy Committee at the Executive Committee s of the Business Roundtable. He is also a member of the US-India forum and also the chairman of Yale Cancer Centre’s Advisory Board. He is a Fellow at the American Institute of Aeronautics and Astronautics.

The Education, Intelligence, and Pride of Louis Chenevert

There is no doubt that companies that use modern technology to their advantage can grasp success. It requires taking risks and trying to outsmart their competitors. But without a leader who accept the possibilities of risks, nothing can happen. Investing in technology proved Louis Chenevert right, and his former company, UTC, is now reaping the fruits of success. The company spends time and resources researching, developing, and manufacturing high-technology products for different areas. One of these areas is aircraft engines.

Personal Touch in Leadership

Leading from the office chair is not Louis Chenevert’s style. He knows the ins and out of his industry. He knows that his responsibility, regardless of where he’s working, is first to his employees, then his business, and only afterward himself. It is a question about professional pride as much as it is about being better than the competition.

United Technologies is a well-known company. They are aware that new technology is what propelled them forward and they are not backing away from this challenge. As a leader, Louis Chenevert created a good working relationship with the suppliers and clients to establish a supply and demand circle and grow the revenue.

United Technologies invests in education as well. They understand that smart employees are the future. If they want a degree, the company helps them achieve it debt free. It is clear that they are the driving force and the most critical component for success. It is a win-win situation.
Canada’s Best at Work

Louis Chenevert was born in Quebec and still lives in Canada. His university education is in production management and commerce. He went to Business School of the University of Montreal before starting his career. Chenevert began working for UTC in 2006. A combination of education, dedication, and analytical mind allowed Chenevert to get as far as he did and take his company to the next level.

An aviation trade magazine named him the Person of the Year in 2011, and he has also received a title of honorary doctorate awarded by the HEC Montreal.

He is clearly passionate about everything he touches and he is interested in technology. It made him a better CEO and now he enjoys his life even more after his successor is filling the post of CEO of United Technologies Corporation.