Louis Chenevert is a Quebec born leader with a Bachelor degree in production management from HEC Montréal associated with the University of Montreal. Prior to His work at United Technologies Corporation, he worked for General Motors and Pratt & Whitney. Pratt & Whitney is a unit of the UTC where he worked for six years before becoming its president in 1996 a position he held for seven years before he was elected Chief Executive Officer of UTC.
From the times when Chenevert became part of the UTC family, his contributions have been resourceful in improving the corporation’s steady growth. One cannot fail to note that when he took over in 2006, there was a global recession but Chenevert was able to make sure UTC attained its objectives despite the economic hardships back then. Under his leadership, UTC has gained a lot. One of the instances is when he negotiated the acquisition of Goodrich which cost the corporation $ 18.4 billion.
As the CEO of UTC, Chenevert made it his goal to invest in the people who work for the corporation since they form a good source of input. This is through the corporation’s Employee Scholar Program that nurtures all employees’ development by enabling them to advance their knowledge and skills by covering their educational costs. Over 40,000 employees globally have been beneficiaries of the program.
Chenevert’s forward-thinking mentality led to UTC progressive growth, by looking at projects that will advance the corporation’s vision while at the same time motivating its workers towards attaining set goals. This is enhanced through rich investment in advanced technological innovations that will give UTC a competitive advantage over other competitors.
While Chenevert was the CEO of UTC, he was able to broker a deal with the US government, when there were hitches in Rolls-Royce decline to manufacture the F-35 engine for the US Air Force. Through Pratt & Whitney, Chenevert lobbied for the deal, making Pratt & Whitney the only supplier of the F-35 engine. Chenevert‘s 10-years effort under Pratt &Whitney led to the development of the Geared Turbofan (GTF) engine. Furthermore, UTC’s Sikorsky section dominated the manufacturing market of US helicopters.