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Louis Chenevert, Canadian Businessman

The CEO and Chairman of United Technologies Corporation is Louis R. Chenevert. He became the CEO and President back in April of 2008 and became Chairman in 2010. He was also the Director of the corporation since 2006. Before that time, he was the President of Pratt & Whitney from 1999 to 2006.

 

Back in 1993 Mr. Chenevert had the title of Production general Manager at the St. therese location of General Motors. Louis Chenevert had attended the University of Montreal (HEC) and earned his Bachelor of Commerce Degree in Production Management there. He is also the prestigious Chairman of the HEC Montreal’s Internation Advisory Board. In addition to that, he is also the Chairman of the board of Directors and founding director of the Friends of HEC Montreal.

 

The Executive Committes of the Business Roundtable is another organization that Chenevert has a chairman position for the Tax and Fiscal Policy Committee, The Business Council and also belongs to the US-India CEO Forum. He is an important server at Cargill on its Board of Directors, the Congressional medal of Honor Foundation. The Yale Cancer Center’s Advisory Board boasts by having Mr. Chenevert as Chairman. Back in 2005, the American Institute of Aeronautics and Astronautics (AIAA) had inducted Chenevert as a Fellow.

 

 

According to Louis Chenevert, there are several tips to improve a business by investing in the employees. By investing in these current employees, they can be bolstered to the next level and be able to utilize their skills. The advantages are because these employees are already known by what they can or can’t do well. It takes longer and it is harder to train a new person than to promote the one that is already used to the business. It also gives more confidence to that employee so that he will work even harder to do the new job.

 

An old yet easy way to reward these workers is by giving an Employee of the Month award. Everyone works harder when their work is positively acknowledged.

 

https://medium.com/@louischenevert6/who-is-louis-r-chenevert-c1ae95052bce

Louis Chenevert Impressive Role in the Growth of UTC

Some people have a natural way of transforming everything they touch. It is not an exception for Louis Chenevert. Just to summarize his career, Louis Chenevert has been successful. His most significant work of transformation was at United Technologies Corporation. Chenevert’s approach to the company’s growth was anchored on long-term visioning, innovation, and maintaining an excellent team. In essence, Chenevert is remembered for building a culture where the company focuses on people and technology.

Louis Chenevert was born in Quebec, Canada. He went to the HEC Montreal, where he graduated with a Bachelor’s degree in Production management. He worked as Production General Manager at General Motors St Therese operation. Chenevert stayed at General Motors for about fourteen years.

He joined Pratt & Whitney in 1993 gradually went up through the ranks the top echelons of management. Chenevert was elected the president and CEO of UTC in 2006. While still the president of Pratt & Whitney, Chenevert realized that GTF engine would be significant in the future. It is a vision he carried on to his role at UTC by marrying the two entities. Over $10 billion was invested in the designing and development of a modern jet engine in a period of two decades. The engine had reduced consumption by 16 percent and emissions by 50 percent.

The engine has received widespread use due to its inherent benefits. Today, Pratt & Whitney now boasts of manufacturing plants spread in New York, Maine, Michigan, Florida, Connecticut, and Georgia. The partnership has played a crucial role in creating thousands of jobs in manufacturing industry in the United States.

Today, United Technologies Corporation estimates that in three years, it will have created 25,000 jobs and 5,000 new positions that will support future growth. Chenevert was instrumental in building a workforce that has excellent skills and knowledge in various aspects of the company. A scholarship program was initiated to help employees advance their education. About $1 billion was spent in this initiative.

Chenevert has received various accolades, which include an honorary doctorate by HEC Montreal. He was named “Person of the Year,” 2011, by Aviation Week & Space Technology magazine.

http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx