Louis Chenevert is a Canadian man who has achieved a lot in the business world. 14 years of his early work life was spent at general motors before moving to the united technologies corporation as the corporation president and as also the chief operating officer. He obtained a degree in production management from the HEC Montreal which is business school associated with the University of Montreal
Louis’ Climb to UTC
Before moving to the UTC, Chenevert worked at the general motors for more than ten years, later he joined Pratt and Whitney in 1999 and was elected the president and served for six years. Finally, from Pratt and Whitney, he migrated to UTC where he also served as the C.E.O up to December 2014. The most notable achievement of Chenevert at the UTC is reaching the $100billion mark in one year and the purchase of Goodrich. It portrays Chenevert as a good negotiator who does what is best for business. His impact at the UTC is felt up to now with the increase in UTC price in the market in the recent weeks and also the increase in the shareholder values.
Creation of a Good Working Environment
Chenevert was not only a businessman but was also a mentor and a source of inspiration to the employees of UTC. He made it his duty to make an impact that would be felt within generations to come, and this was easier for him because of the work experience he had garnered from various positions before joining UTC. His emphasis was on investment in the right technology and the right work power. The employee’s scholar program was established by Chenevert which has enabled over 40,000 UTC employees globally to attain university education. UTC has invested in educating its employees both in the United States and globally thanks to Chenevert’s for laying the foundation making his possible.
Even before leaving the UTC, Chenevert made sure he laid down a foundation for the incoming CEO. This was to ensure that his values and visions for the corporation did not disappear with him leaving the company. Through Chenevert’s stewardship, UTC has been able to survive very harsh economic conditions while other companies were crumbling down.
Since leaving UTC, Chenevert has dedicated himself to his family, as well as pursuing his passions in a more personal context.