Louis Chenevert’s Contributions to the Success of UTC

Louis Chenevert is a Canadian citizen famously known for his amazing contributions in United Technologies Corporation (UTC). Before his leaving UTC in 2014, Mr. Louis was the company’s CEO and Chairman. As the leader of this great organization, Mr. Louis leadership skills and competence saw him lead the company through tough times including the great American depression and still be able to make profits.

Education and Career Life 

Louis Chenevert is a graduate of HEC Montréal. This is one of the affiliates of the University of Montréal School of business. Here Mr. Louis undertook an undergraduate degree in productions management. In addition to his Bachelor’s degree, Mr. Louis was also awarded an honorary doctorate by the same institution in May 2011 for his immense contributions to his industry.

Career-wise, Mr. Louis Chenevert has worked with a number of organizations with his first company being General Motors. Louis worked for General Motors for 14 years before moving on to Pratt & Whitney. Mr. Louis started at a junior position in the company and worked diligently with the company for six years until his promotion to the position of the company’s president. The professional’s big career break, however, came seven years later in March, 2006 when Louis was elected the CEO and Chairperson of UTC.

How did Louis Chenevert manage to achieve excellence in UTC?

At the time Louis Chenevert was in control of UTC, America was on the verge of the great depression. Most people feared that Louis would not be able to deliver on the expectation; however, this was not the case. It is at this time that Mr. Louis was able to achieve and surpass even the set expectations of the company.

One of the key factors that were able to help Louis Chenevert achieve some of this success is that fact he was relentless in technology innovation and uncompromising in quality standards. Despite the harsh times, Louis through UTC was keen on the implementation of fair employees’ wages, environmental compliance, and the public concerns. These factors helped boost the trust and confidence in the company, directly influencing on the firm’s stock prices. Chenevert currently works in the Merchant Banking Division of Goldman Sachs.