THE SUCCESS OF LOUIS CHENEVERT IN THE BUSINESS SECTOR

Louis Chenevert is a businessman based in Canada, and he is also the Former Chief Executive Officer of United Technologies Corporation (UTC). UTC is an American global company that develops, does research and has the mandate to manufacture high technology products. Before UTC, Louis Chenevert worked for General Motors for 14 years as the Production General Manager. Chenevert is a member of the Board of Directors for Cargill, and he is also the Chairperson of the Yale Cancer Center Advisory Board. Later in 2005, he was called to be a Fellow of the American Institute of Aeronautics and Astronautics.

In 1993, Chenevert worked for Pratt and Whitney Canada where he was chosen as the President after working for the company for almost six years. Later on, during early 2006, Louis Chenevert was elected as the chairman of United Technologies Corporation. Chenevert continued to be recognized as a leader, and this was evident when he worked as the Deputy Chairman of Executive Committee of the Business Council in 2011 to 2012. On 8th December 2014, Chenevert stepped down from his role as the Chief Executive Officer of the United Technologies Corporations. In September the following year, Chenevert joined Merchant Banking Division where he worked as an Exclusive Advisor where he targeted opportunities in the aerospace and the industrial area.

Chenevert is a legend at United Technology Corporation because of his work and the achievements and has set bars that are high for others to attain. Some of the notable performances that stand out include when he made profits in the market while in a recess and finally buying Goodrich. One of the projects that will always be on top of the list for Chenevert is the GTF project. GTF was a project that he did for Pratt and Whitney which is an aerospace firm that was influential in the market for jet engines with the narrow body. In 2011, he was among the people who oversaw the development of materials that make the engine burn hot. The theory of decoupling the fan according to Chenevert would be a great potential for profits in the new and massive engine designs.

What everyone at United Technologies Corporation can agree is the fact that Louis Chenevert helped the firm to be able to meet its goals and beyond. The primary purpose of the company was to ensure that they invest in high-quality technology that will help the business grow and create employment opportunities that will end up boosting the economy of the United States. Louis Chenevert is an alumnus of University de Montreal where he graduated with a degree in Bachelors of commerce in production management. He is currently retired.

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