Louis Chenevert’s Unique Business Leadership

Louis Chenevert possesses a bachelor’s degree in production management from the HEC Montreal, which is affiliated with the University of Montreal. He has since put the degree into some very good use.

Most recently, he has had several successes with his leadership at United Technology Corporation (UTC). UTC is a company that researches and then produces high-technology products. One of the main projects that the company is currently involved in is making a one-size-fits-all jet engine for both military and civilian use. They also play a role in many other major appliances and products such as air conditioning, refrigerators, sensors, and even the aerospace system. When Chenevert joined them, he first played a major role in raising their share prices from just $37 to a whopping $117. Chenevert was also the main negotiator in merging UTC with Goodrich for over $16 billion. Chenevert appears to have a good understanding of technology’s importance in both the present and the future. As a result, he has been motivated to make many of the successful investment moves into the field that he has.

Part of Chenevert’s success is the fact that he focuses on the technological development in a way that will help the human population at large. Taking the threat of climate change into consideration, he led UTC to make more user-friendly products, which reduced the carbon footprint and water usage by 26 percent and over 50 percent since 1997. He has urged other companies to follow suite.

Chenevert worked for General Motors for about 14 years. Afterward, he was elected president for Pratt and Whitney in 1999. Pratt and Whitney is an American aerospace manufacturer that is a subsidiary to UTC. He was elected President and CEO of UTC in2006. Then in September 2015, he took on the role as Exclusive Advisor in the merchant banking division of Goldman Sachs.

In 2009, Chenevert earned the Honor Award with the National Building Museum. The National Building Museum is a museum in the Washington D.C. area that holds displays on the history of architecture, urban planning, engineering, and construction. Chenevert was also named Person of the Year in Aviation Week and Space Technology in 2011.

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