Louis Chenevert’s Achievements at United Technologies Corporation (UTC)

Louis Chenevert was an employee of General Motor for more than ten years before going to Pratt and Whitney a portion of the giant United Technologies Corporation. Chenevert served at Pratt and Whitney Canada for six years, and his impressive permanence led to him being elected the division president in 1999. He was later elected the CEO and president of the entire company UTC.

Chenevert made a lot of achievement when at the UTC. His first success was to acquire Goodrich, the negotiation took more than a year, but the deal was settled later at the cost of $18.4 billion. Chenevert was both a leader, manager and a steward who believed in personal development. He supported the implementation of the individual progress program under the company’s employee scholar program.

Among the guidelines that Louis Chenevert used to pick the projects was the ability of the project to take the company to the next level. He is recorded to have spent a considerable portion of the company’s budget to acquire the latest equipment in the technological innovation. Mr. Chenevert’s vision was to make UTC a competitive company working with the most recent technologies.

Pratt and Whitney were awarded the tender of manufacturing an alternate engine the F-35 for the US Air Force following a decline by General Electrical and Rolls-Royce. The UTC later became the only supplier of the F-35 engine; this achievement was accredited to Chenevert. UTC engine production tremendously grew under the leadership of CEO Chenevert, lots of their products go to the market with having their logo, but they take pride in their excellent achievement.

Chenevert was appointed the CEO of UTC at a time when America was going through an economic crisis, but he managed to take the corporation through the hurdles. Louis resigned from UTC in 2014, but the company still enjoys the foundation that he laid when he was both the president of Pratt and Whitney and as the CEO of UTC.

Louis Chenevert graduated with a bachelor of commerce degree in production management from the University de Montreal. He is a member of several business councils as well as a member of a many boards of Directors.

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