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Louis Chenevert Breaks the Mold

June 18, 2018 • divinefuel

“You are only as good as the sum of your team,” were words spoken by Louis Chenevert – one of the most profound and influential Chief Executive Officers to ever take the helm at United Technologies Corporation. While Louis Chenevert eventually rose to the top of the multinational conglomerate, United Technologies Corporation, his ascension did not occur overnight, as he is a product of somewhat meager beginnings. Throughout the course of his career, which has seen many major successes, including revolutionizing the aerospace industry during his time at Pratt & Whitney Canada, as well as with United Technologies Corporation, Louis Chenevert has relied on hard work and dedication in order to see his goals through. Louis Chenevert was born in Quebec, Montreal in 1958, and as a youth, he quickly developed his skill for entrepreneurship and business, eventually landing at the University of Montreal, where he attended HEC Montreal Business School where he majored in production management.

It was during Louis Chenevert’s tenure with General Motors where he was in charge of the assembly line, that he learned many of the skills that would later help him to transform United Technologies Corporation, and the aerospace industry as a whole, with the introduction of the geared turbofan engine. After fourteen years with General Motors, Louis Chenevert became a part of the team at Pratt & Whitney Canada, a subsidiary of Pratt & Whitney, in 1993. By 2006, Mr. Chenevert had joined United Technologies Corporation, the parent company of Pratt & Whitney, bringing with him his visions for what was once considered to be a “pet project,” the new geared turbofan engine. With the introduction of the geared turbofan engine, emissions were decreased by nearly 20 percent, while fuel consumption was cut in half, helping to establish United Technologies Corporation as a leader in the aerospace industry.

http://www.yachtingmagazine.com/louis-chenevert-horizon-yachts-P105-design

The Life and Career of Louis Chenevert, the Former UTC CEO, and Chairman

May 18, 2018 • divinefuel

Louis Chenevert, a Canadian businessman, gained a lot of fame, success, and recognition during his time at United Technologies Corporation where he was the firm’s, CEO and the Chairman. Recently, Mr. Chenevert was interviewed by IdeaMensch where he recounted his life and successful business career.

Early life and before UTC

According to Louis, the star in his career shined when he joined UTC. Before UTC, he had previously worked in various companies in different capacities. For the period between 1999 and 2006, he served as the president of Pratt & Whitney. He had joined Pratt & Whitney in 1993 from General Motors where he had worked for 14 years. His time at General Motors saw him rise in the ranks to become the head of St. Therese operation center. Louis also shortly worked at Goldman Sachs at the beginning of his career. He attended Hautes Études Commerciales (HEC) where he graduated with a Bachelor of Commerce.

The star of UTC

Louis Chenevert joined UTC in March 2006 and became the firm’s President, Director and Chief Operating Officer. In April 2008, he was promoted to the CEO position and Re-elected as President. In January 2010 he was named the Chairman a position which he held until November 2014 when he retired. He says that apart from leading UTC, as the CEO he was responsible for deciding which ideas developed by his team were best suited for the development and growth of the company. According to Louis, his success at UTC was substantially supported by the great team of employees who worked under him. He says at the time, all they wanted was to meet there customers’ demands excellently.

Mr. Chenevert memorable achievements at UTC

During the interview, he revealed that he considers the following as his most prominent career achievements at UTC.

  1. a) Bringing to life new technology that was crucial in the development of industry-changing narrow-bodied airplanes like the Airbus A-320 and the Bombardier C.
  2. b) Revolutionizing the propulsion of military jets engines for good with the invention of the F135 engine.
  3. c) Bring to life the GTF engine technology which helped reduce the cost of engine management and maintenance.

Undoubtedly, Louis is not only a great businessman but also an admirable revolutionist.

https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html