How Louis Chenevert Laid a Firm Foundation for UTC

Businessman Louis Chenevert has had an industrious career working in leading global organizations. His education, experience and expertise in production management have seen him manage teams for General Motors and United Technologies Corporation.

Chenevert’s performance has been exceptional and he has demonstrated his ability to steer forward organizations even under turbulent economic times. He had a 14-year stint at General Motors before joining Pratt & Whitney Canada where he stayed for six years. In 1999, he was elected president of Pratt & Whitney, a position he held for seven years before becoming president and CEO of United Technologies Corporation.

As a global leader in the manufacture of commercial and military jet engines, UTC’s leadership requires vision and refined skills at any given time. Over his period at UTC, Louis Chenevert spearheaded groundbreaking projects for the conglomerate. Among key developments witnessed during his tenure as president and CEO of UTC is the acquisition of Goodrich, which came through lengthy deliberations between the two organizations. The acquisition was settled at $18.4 billion.

UTC’s engineering needs must always be futuristic, besides catering for the needs of the modern market. Chenevert ably engaged resourceful and suitable experts to help him commit and invest in the sophisticated and highly advanced technology needs to oversee the company’s success. In his time, Chenevert’s main focus was investing in the right technology as a way of remaining at the top of aerospace engineering needs.

Through the Employee Scholar Program, UTC employees are able to pursue further education in their respective fields. Over 40,000 UTC employees have benefited from this program since 1996.

During his time as CEO at UTC, Mr. Chenevert had a good nose for projects that portrayed great potential and the worked on them as a way of advancing the company’s vision.

Chenevert is a holder of a bachelor’s degree in production management from the Université de Montréal, École des Hautes études commerciales (HEC). He resigned from his position at UTC in 2014 and was appointed Exclusive Advisor at the Merchant Banking Division of Goldman Sachs.