Louis R. Chenevert is the former Chairman and Chief Executive Officer of United Technologies Corporation (UTC). He became the President and the CEO of the company in 2008 after he was elected by the board of directors. He was made the chairman of the company’s board in 2010 and served in this position up to 2014 when he retired. Mr. Chenevert served as the director of UTC from 2006 to the time of his retirement. Before joining UTC, he was the president of Pratt & Whitney from 1999 to 2006. He also worked at General Motors for 14 years. He was the production General Manager of the company’s St. Theresa’s branch. Louis Chenevert attended the Universite de Montreal where he graduated with a Bachelor of Commerce degree in production management. In 2011, he was awarded the Honorary Doctorate from the University of Montreal. Today, he is the chairperson of the International Advisory Board of HEC Montreal. He is also the chairman of the Friends of HEC’s board of directors.
The idea of UTC developed from his years of experience in the profession and his expertise as an executive employee in several multi-national companies. He decided to transform the industry by developing and manufacturing machines and technology needed in the industry. Louis Chenevert brings his ideas to life by focusing more on operational talent and engineering projects. He believes that these two areas are important in producing ideas and satisfying the needs and expectations of consumers. Chenevert is excited by the manner in which technology speeds up change through creating business opportunities in the company.
Being an entrepreneur, he created small group of employees, guided, appreciated, and inspired them to ensure their efforts are rewarded. This habit has enhanced the success of Louis Chenevert in his business ventures. Thinking big, staying focused, and thinking openly are some of the strategies that Louis applied to develop his business and success. Surrounding himself with winners made him a winner too. The company accomplished a number of things when Louis was the CEO. UTC acquired Goodrich and expanded its aerospace industry under his stewardship. The company had no scandals, public humiliation or failures. He lives behind an admirable legacy.