The Success Story of Louis Chenevert

Louis Chenevert is a renowned businessman from Canada, and he has served in the production industry for at least two decades. Born in 1958, he graduated from HEC Montreal with a bachelor’s degree in production management. After his graduation, he served at General Motors in the capacity of Production General Manager for 14 years. In 1993, Louis joined Pratt & Whitney Canada, and he became the president of the company six years later.

Louis’ Time at United Technologies Corporation

Louis Chenevert was elected as the Chief Operating Officer and CEO of United Technologies Corporation, or UTC, in 2006, succeeding George David. As of 2017, his achievements at the company are still unparalleled. For instance, he managed to spearhead the company’s milestone acquisition of Goodrich and managed to maintain the company’s good performance during difficult times of economic recession. It took Louis more than a whole year to work on the acquisition of Goodrich. Through his patience and exceptional negotiation skills, UTC was able to close the acquisition deal for $18.4 billion.

Additionally, Louis Chenevert facilitated UTC’s investment in high quality technology. As of 2017, the company still depends on the technology that Louis left behind for job creation and growth. In 2014, he stepped down from UTC’s CEO position, and he was replaced by Edward Kangas, one of the company’s directors.

Other Services

Louis Chenevert joined Merchant Banking Division at Goldman Sachs as an Exclusive Advisor in 2015. At the firm, he is charged with the responsibility of targeting industrial and aerospace opportunities.

Major Honors

In 2009, Louis’ exceptional success in the production industry was recognized, and he received the Honor Award from the National Building Museum. Two years later, he was awarded an honorary doctorate by HEC Montreal, a University of Montreal’s affiliate Business School. In 2011, Louis was named the Person of the Year by Aviation Week & Space Technology, a U.S. aviation trade magazine.