Louis Chenevert Successful Path in Business

Montreal, Quebec is where Louis Chenevert was born and raised. His attained his bachelors from HEC Montreal, an affiliated of the University of Montreal. With a bachelor’s degree in production management, Louis has turned out to be among the most influential businessmen today. Principals and strategies that he has developed are in effect and have been adopted by many.
Louis Chenevert’s Success at United Technology Corporation
Louis was instrumental in elevating UTC to the level it is at currently. At the moment it is amongst the best research and manufacturer of high technology products in the world. Louis focus and imagination has been significant in achieving this success. During his time at UTC, the company experienced excellent financial performance. It was named the most profitable conglomerate company in the United States of America.
With such an excellent performance Louis went a step further and acquired Goodrich for $16.3 billion. This acquisition is among the most significant aerospace deals in the history of America. This transaction enabled UTC to emerge as a fully fledged company producing products fully.
After stepping down in 2014 as the CEO of UTC, Louis is still considered the pillar of the company. The company continues to use his principles in its activities. The principles and values he put in place before leaving the company are applied.
Louis Chenevert’s Career and Other Successes
Louis began his career at general motors working there for fourteen years. While working at General Motors, he was able to rise to the rank of the production manager. General Motors started performing well financially with Louis as the production manager. The good performance made him easily recognizable, and many companies became interested in his services.
In the year 1993, he joined Pratt and Whitney a company that deals with aircraft engines. In six years the company’s unit performance had risen incredibly. He was then appointed as the president of the company a post he held until the year 2006. After coming out Pratt and Whitney, he joined United Technologies Corporation (UTC).
In the year 2011 and 2012, Louis served as the vice chair of the executive committee of the business council. He resigned from being the CEO of UTC in 2014. One year after that he took the role of exclusive advisor in the Merchant Banking Division at Goldman Sachs.