Louis Chenevert is well known for his business leadership skills and time spent at United Technologies Corporation. He also spent a considerable portion of his career working for the company’s subsidiary Pratt &Whitney. Although Louis left UTC in late 2014, his legacy at the company lives on, especially regarding his effort to promote employee growth and technology advancement.
Chenevert’s time and achievements at UTC demonstrate his commitment to invest in both the company’s employees and advanced technology. He often stressed that investing in the appropriate technology would take a company far, but investing in the right individuals would take it much further. Louis also displayed the ability to be a forward-thinker, particularly when it came to choosing projects that possessed the highest potential to take UTC’s vision further.
Away from his qualities, Chenevert is acknowledged for several accomplishments including the acquisition of Goodrich. This happened after both General Electric and Rolls-Royce declined an offer from the US Air Force to make a second alternate engine. In turn, this opportunity made Pratt & Whitney the only supplier of the engine for the United States Government.
A Closer Look at Louis Chenevert
Louis Chenevert is undoubtedly a reputable figure in the Canadian corporate scene. He is the former chief executive officer and chairperson of United Technologies Corporation (UTC). Louis assumed the CEO and presidential positions in April 2008 before later being appointed as the chairperson of the board in January 2010. Previously, he held the role of UTC’s chief operating officer, a position he took up in March 2006. Louis Chenevert stepped down as the company’s CEO on December 8, 2014, to allow Edward Kangas to take over.
Aside from holding top ranking executive positions in United Technologies Corporation, Louis Chenevert has also served UTC’s unit, Pratt & Whitney, in the capacity of president. He took up this role in 1999 after serving Pratt &Whitney Canada for about six years. Before joining this company, Louis had worked for General Motors for more than a decade. In fact, he was the production general manager of the St. Therese operation. Away from his executive functions, Louis Chenevert is a member of several bodies including US-India CEO Forum and The Business Council.