Louis Chenevert: Former Chief Executive Officer of United Technologies Corporation

A company that invests in the latest technology can bring out high competition in the industry. It should have the acumen to invest in the future with new equipment that is technology based. Louis Chenevert, as well as Gregory Hayes, the current CEO of United Technology, believe in the implementation of the stewardship role as a leader. At United Technology, having such a role means investing in the innovative ideas as well people. Hayes looks forward to leaving a legacy that shows how the company has improved compared to how he found it. Investing in technology has taken many companies far, but the real truth is that it is the responsibility of people to invest. Hayes leads the Employee Scholar Program which facilitates education for workers in the fields of their choice. Since 1996, the program has managed to produce at least 39,000 graduates.

According to Chenevert, it required at least $10 million and 20 years for the United Technologies Corporation to develop a GTF engine like that of Whitney and Pratt. He was fascinated by the machines from that company although they never possessed a logo of the business he managed. Since the merger, Chenevert was praised in the Forbes magazine for helping the company have a significant market share globally. Under his leadership, the company managed to manufacture the world’s most accepted jet engines. The company also thrived in the refrigerating and Air Conditioning Market. The Company has helped close in a huge gap that was in the aviation industry. It managed to build engines with less fuel consumption.

About Louis Chenevert

Louis Chenevert was born in 1958 in Canada. He has a bachelor of commerce degree. Louis specialized in the production management branch throughout his career. He was elected as the Chief Operating Officer of United Technologies in 2006. Before then, he worked for the Pratt and Whitney Company for six years as the president. He has also worked for fourteen years for General motors.

Chenevert also served as the vice president of the business council between 2011 and 2012. Back in 2015 September, he took the role of advisor in the merchant banking division at Goldman Sachs. He earned the Honors award from the National Building Museum. The Aviation Week and Space Technology also named him as Person of the year in 2011.

See Chenevert speak here:

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