Louis Chenevert, an Admirable Success Story

Louis Chenevert, who was born in Montreal, has become a renowned business man globally. He studied at HEC Montreal where he acquired his Bachelor’s in production management degree. He has since put this management skills into his career and it has earned him his success to date. The principles and strategies Louis uses have been taken into consideration by various people to improve their business success.

Louis grew into the General Manager for Production at General Motors where he worked for 14 years. He later left for a Pratt and Whitney position where he assisted in improving performance significantly. The positive performance earned him the President position in this company. The success in his career came in a row. He became the CEO and Chairman at United Technologies Corporation (UTC) in 2006. At UTC, he was required to put into use his excellent skills in management for the running and growth of the company. Louis Chenevert has played a big role in elevating UTC to higher grounds. The company’s price in shares increased by almost 90 million dollars which is estimated to be a 200% increase. This put UTC at the top of the list in the USA for being one of the most profitable conglomerate companies.

Louis also had a hand in the biggest deal involving aerospace. This deal was the largest throughout the history of the USA, the acquisition of Goodrich. The acquisition enabled UTC to become a company that could produce its own products fully. Louis pushed UTC to been an envy of many companies in the industry through its innovation. Louis is a believer in empowering people and growing businesses and the economy of the United States as a whole. He takes keen interest in investing in innovative and high quality technology that later led to the success of UTC. He also empowers team members hence maximizing on their productivity at work. He resigned from UTC in 2014. Louis is also a strong believer in using environment-friendly technology. He has earned several awards over the years including an award by the National Building Museum after taking up a position at UTC.

Louis has served as a Chairman in the Tax and Fiscal Policy Committee and a Chairman for the Friends of HEC Montreal director’s board.

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