Louis Chenevert’s Career at UTC

Louis Chenevert who holds a bachelor’s degree in Production Management from Montreal University was born in Quebec. Chenevert is currently the exclusive advisor at Goldman Sachs for their Merchant Banking Division. Louis Chenevert has served in several positions including the vice chairman of the executive committee of the Business Council.Louis has a stint as Production General Manager at General Motors for a decade.

Louis Chenevert was extremely successful at the helm of United Technology Corporation. He worked for Pratt and Whitney a subsidiary of the UTC group for six years before being promoted to the president of the company. Hewas then elected as the president of united technology after seven years. During his reign, he managed to a close deal on the acquisition of Goodrich worth 18.4 billion. Louis also managed to get tenders from the US government as a sole supplier of F-35 Engine.

Louis, while at UTC, has moved the company to higher ranks and also made sure the staff grew in their careers. He has made a significant change in the business, and his emphases has been to empower the people as much as the company gets new technology. Louis believes that a company is as good as the people. Through the leadership of Louis, the company came up with a company Employee scholar program. The program was to nurture the development of each employee by giving them the chance to further their education. The company has invested over $1Billion in further education for staff teams.

Louis was also able to move the company forward by his ability to pick projects that would result in high profits furthering the firm and inspiring the people. Louis has made sure that there was a budget to be able to acquire technology that will propel the company forward. Chenevert notes that it’s essential to invest in the recent technology and to remain at the forefront of matters technology. Chenevert steered UTC to have the largest of the market and despite the hard times that have been experienced convert made sure that the company remained profitable. Chenevert left UTC in the able hands of Gregory Hayes.

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