Mr. Louis R. Chenevert attained his bachelor’s degree from the University of Montreal. He has worked and made a lot of accomplishment from the time he joined the corporate world. For over ten years he was the general production manager at General Motors before he moved to united technologies corporation where he was the chairman and chief executive officer.
It has been a long journey getting to UTC since he previously worked Whitney and Pratt business Canada where he worked for six years after moving from general motors. In 1999, he was appointed the president of the Whitney and Pratt business, a position he held for seven years before he was named the CEO and president of UTC.
Under his leadership at UTC, Louis Chenevert managed to make significant achievements that a lot of people in his position wouldn’t attain. For instance, he was able to acquire Goodrich, a company that the organization had spent more than one year in negotiations. UTC finally settled on a deal that was worth eighteen million dollars.
When he was CEO, Chenevert believed that there was the need for the company to not only invest in technology but also people. That’s why from the time he took office, he has used his experiences and knowledge to make institutional changes and leave it better than it was. He openly stated that investing in the right technology would make the company go far, but if the right investments are made in people, then the company will go even further.
One of the illustrations of this sentiment is the development of the employee scholar program. This program was meant to cover the cost of education for the employee who’s pursuing further education. For the past two decades, more than forty thousand UTC employees have sought higher education thanks to the program.
UTC has also invested more than one billion dollars in the United States as an investment fund for those perusing further education. One of the important Chenevert qualities as the CEO of UTC was his ability to pick on projects that had the potential of enhancing the company’s vision and ensuring that people work hard at making the projects successful.