Louis Chenevert is a well-known name in the world of business. Many of us have heard about this great Canadian businessman who has brought great difference in many companies he has sat as the Chief Executive Officer.
The History Of Louis Chenevert
He was born and brought up in Montreal, Quebec. He joined HEC Montreal which is an affiliated Business Institution of the University of Montreal. He graduated in 1979 with a bachelor’s degree in business administration. In May 2011, HEC Montreal awarded him a doctorate honoris causa while Concordia University awarded him with an honoris causa in 2014.
His Contribution To The Success Of UTC
Louis Chenevert has entered into the United Technologies Corporation’s legacy book. This is due to his great and unbelievable accomplishments before he became the CEO of this company, during and after his CEO tenure.
Louis Chenevert was a steward and always looked forward to the betterment of UTC. His main driving force was his desire of leaving UTC a better place than he found it. He was a fully dedicated, self-driven and focused leader. He not only thought about UTC’s short-term goals but its long-term goals as well. He took time to invest in people and technology and this resulted in the merger of Pratt & Whitney and United Technologies Corporation.
Louis Chenevert great desire of investing in technology became the key to driving UTC’s future growth and development. His vision when he was the CEO of UTC is now a key contributor to the growth of U.S economy. Today, Whitney and Pratt have different manufacturing plants in Georgia, Connecticut, Maine, Florida, New York and Michigan.
One of his greatest achievements
He has had great achievements in his career as he moved from General Motors to Whitney & Pratt and finally to United Technologies Corporations. He focused much on changing how businesses production, maintain the quality of UTC products while trying to cut the cost of production.
Another greatest achievement noted under his name is the acquisition of Goodrich Corporation. His aim of acquiring this company was basically to get its help in aircraft component manufacturer which in return would reduce internal production cost expanding their market share even more.