Does the name Louis R. Chenevert ring a bell? Well, if not, maybe it should. His former workplace was United Technologies Corporation (UTC), where he was the chairman as well as the CEO. He holds a bachelor’s degree in product management from HEC Montreal.
His Work Experience
Early on, he was employed by General Motors for 14 years. In 1999, his leadership skills were so evident such that he became the president at Pratt & Whitney. It is after this that he joined UTC
. At UTC, the year 2006 saw him get appointed as the chief operating officer.
Achievements at UTC
Under Chenevert’s leadership, UTC was able to remain highly ranked in aerospace. Its headquarters are in Connecticut. Its ranking was pure with no cases of employee exploitation. His role was evident considering the smooth running of the business.
One of the greatest achievements during Chenevert’s time at UTC is that, regardless of market changes and highly competitive companies, UTC remained intact. It was never phased out due to its well-laid out strategies.
During his time at UTC, he was able to ensure that the share price of the firm saw a rise which was initially $37 to $117. In return, that meant more dividends and an increase in the shareholder value. In 2012, he was able to lead negotiations for acquiring Goodrich.
Among his active aspects is that he is a think tank. This is because he was able to come up with creative ways on how to tackle such a massive investment. The company’s main ventures are in the aerospace and building.
Awards He’s Won
In 2009, he received the Honor Award from the National Building Museum. Later, in 2011, he was given an honorary doctorate which was from HEC Montreal. Also, the same year, the U.S Aviation Week and Space Technology magazine named him Person of the year.
One of the key things is that UTC has an aerospace systems unit in charge of manufacturing all materials involved. Louis was able to oversee the geared turbofan engine. This particular engine is the best quality in the aviation sector. All in all, Louis is a leader
who implements well-laid strategies for the various companies he’s worked for.