Louis Chenevert: An Innovative Leader

Today, Louis Chenevert is known as one of the most successful and well-renowned figures throughout the entire business world. Rising to the occasion and heading global powerhouses such as Pratt and Whitney and United Technologies Corporation, while also holding a prominent role at General Motors, Mr. Chenevert built a very successful career that allowed him to receive a myriad of recognition, including attaining an honorary doctorate from HEC Montreal, his alma mater. He would also later be named Person of the Year by one of the top aviation trade magazines in the United States, Aviation Week and Space Technology.

United Technologies Corporation is one of the world’s leaders in aviation, taking the technologies associated with it to new heights, while also building a significant relationship with the United States government. While the position of United Technologies Corporation is unquestioned today, building a more than solid foundation over its more than 70-year history, in March of 2006, when Louis Chenevert was first elected to the role of Chairman and Chief Executive Officer of the company, the United States economy was in flux, and many corporations of similar status began to fail. Traditionally, during wartime, many companies that specialize in manufacturing tend to see a sharp decline, so Mr. Chenevert had an incredible task before him upon accepting the positions of Chairman and Chief Executive Officer. It was through the guidance of Mr. Chenevert, choosing to focus many of the company’s assets on cutting-edge technologies that would change the world, that United Technologies was not only able to survive the volatile economic climate of 2006 America, but able to flourish. United Technologies Corporation, headquartered in Connecticut, was able to do so without leaving its home state while managing the task of producing the most advanced jet engines in the entire world. Since resigning from United Technologies Corporation in December of 2014, Louis Chenevert has embarked on several new and comparably promising ventures. In September of 2015, Mr. Chenevert began working for Goldman Sachs as the Executive Advisor in the Merchant Banking Division, helping to discover new opportunities in regards to the industrial and aerospace departments.