Louis R. Chenevert is a Canadian businessperson and entrepreneur who was previously the acting Chief Executive Officer of the United Technologies Corporation (UTC). Other than that, he also acted as the President of Pratt and Whitney Canada. During his time pursuing education, Louis was a student at an associate of the Business School of Montreal University, HEC Montreal. At the University, he was able to earn a bachelor’s degree in production management. To add to his education, Louis also acquired an honorary doctorate in May 2011 from HEC Montreal. The Aviation Week and space technology, in that same year, named Louis as the Person of the year. This came about as a result of his huge contributions to the world of aviation. Read more at Reporter Expert.
Before Louis Chenevert was appointed as the president of Pratt and Whitney Canada, he had worked there for six years. His election the president happened in 1999. His rank was heightened seven years later when he was elected as the chairman and Chief Executive officer of UTC. This was in March 2006. It is also important to note that Louis Chenevert’s experience in the industry is quite impressive as he had worked at General Motors for 14 years. It was in the year 2014 when Louis decided to resign as the CEO of UTC, leaving the director, Edward Kangas as the acting director. In 2011 and 2012, the Executive committee of the Business Council was vice-chaired by Louis. Read more about Louis Chenevert at wingsjournal.com.
His successful career saw Louis become the Executive Advisor of the Goldman Sachs Merchant Banking Division. As the CEO of UTC Louis applied his able business skills and the organization’s share price saw a growth from 37 US dollars to as high as 117 US dollars. This was very impressive especially because the company’s technology or workforce had not been exploited. Outsourcing of production had not been done to bring the company such impressive financial progress. Louis made it clear that UTC is not an indiscriminate organization in relation to being a group of disconnected businesses. The organization, UTC, focuses on two diverse markets, aerospace and building technology. In relation to these markets, it finds and offers financial synergies.