Louis R. Chenevert is a Canadian businessman, known for his contribution as the chairman and CEO of United Technologies Corporation (UTC).
Early Life and Education
Louis Chenevert was born in 1958 in Canada. He attended the HEC Montreal College where he graduated with a Bachelor’s Degree in Production Management. In May 2011, Louis was awarded an honorary doctorate by HEC Montreal. Currently, he oversees the management and control of the HEC Montreal International Advisory Board. He also adds up as the founding chairman and director of the Board of Directors for the Friends of HEC in Montreal.
Louis’ professional career began in 1985 when he got employed at General Motors. He worked for this company for more than a decade before tendering his resignation to join the Pratt and Whitney company in 1993. After six years of hard work, Louis was elected as the president of the company. In the year 2011/12, he was given the Business Council Vice-Chairman position. Apart from the companies that have been mentioned, Louis currently works for the Goldman Sachs Merchants Banking Division as an Exclusive Advisor.
Throughout his illustrious career, Louis has earned himself a substantial amount of accolades from different individuals and companies. For instance, the National Building Museum awarded Louis with the Honour Award in the year 2009. Two years later in 2011, he received an honorary doctorate award from his former school the HEC Montreal.
His Time at UTC
The success of United Technologies can be squarely credited to Louis, an accusation that he is okay with it since he knows how much he has helped the company grow steadily. While working for UTC, Louis was able to create and balance various portfolios for different companies that worked with UTC.
Louis joined UTC when the company was still struggling to make an impact on a global platform. For the period that he was with the company, the company recorded ground-breaking profits, as well got into various partnership deals with other companies. For example, UTC signed business deals with companies such as Chubb Security, the acquisition of the Sundstrand Corporation which would later merge with UTC Hamilton Standard Unit to give life to Hamilton Sundstrand.