Louis Chenevert: The Reason Behind UTC’s Upward Trajectory

When it comes to the legacy of United Technology Corporation, Louis Chenevert is known to be the reason for its outstanding success. Louis Chenevert accomplished a lot during his tenure as the C.E.O of the company. He majorly focused on innovation and the company’s employees. He ensured that the workplace was conducive for the employees to work. He reasoned that the success of the company without its employees would be in vain. Louis Chenevert’s quest for innovation led to the birth of the geared turbofan engine. This invention was made when he worked at Pratt & Whitney.



Louis Chenevert was born in Quebec, Canada. He did his bachelor’s degree in HEC Montreal where he studied production management. After graduating, he worked for general motors for 14 years before joining Pratt and Whitney. Six years after joining the company, Louis Chenevert became the president. He was awarded an honorary doctorate from the university he studied in after becoming the president of United Technologies Corporation in 2009. He brought the two companies together. He realized that the geared turbofan engine was going to be a successful invention if the companies invested immensely in it. His realization led to increased profits for the company. (Learn Louis Chenevert’s Business Successes Past, Present and Future)


The paramount reason for the company’s success was Chenevert’s knowledge on recognizing and investing in new technology. His idea of employing next-generation talents proved to be a pivotal motivator to the company’s success. Under his tutelage, the company was able to develop a study program for its employees. It footed the bill for some of the employees to pursue degrees in areas of interest. Louis Chenevert knew that investing in the company’s workers would lead to its success.


Louis Chenevert was a crucial figure in ensuring United Technologies Corporation’s rise as a global entity with numerous investments worldwide. Due to his contribution, the company is developing into the future fostering growth into immerging and existing markets. Louis Chenevert guided UTC towards a competitive edge required for sustainable economic growth worldwide. Find Related Information Here.


More on: https://www.bloomberg.com/news/articles/2015-09-08/goldman-sachs-hires-former-united-technologies-ceo-chenevert

As UTC Grows in Strength, Former CEO Louis Chenevert Goes Down as an Innovator

Discernment and adaptability are not only integral to survival in business, but to success as well. As CEO of United Technologies Corporation for six years, Louis Chenevert showed possession of both these qualities, and in doing so took the more than eighty-year-old company to even greater heights than it had already achieved.


Born in Quebec, Canada, Chenevert earned a bachelor’s Degree in Production Management from HEC Montreal. He worked at General Motors for 14 years, where he became a Production General Manager, before joining the Canadian branch of UTC’s Pratt & Whitney division in 1993. He would become President of the division just three years later and, at a time when the branch was slipping in productivity, his continued focus on inventiveness, imagination and forward thinking would result in marked improvement in its fortunes.


As President between 1999 and 2006, Chenevert oversaw the development of the PW1000G engine – then known as the Geared Turbofan or GTF. Designed to create less ground noise, utilize 16% less fuel and create 50% less emissions than is common for a jet engine, the GTF represented the future of commercial air travel.


Chenevert’s success at Pratt & Whitey launched him into the positions of COO of United Technologies Corporation in 2006, where he would rapidly climb the corporate ladder to become CEO in 2008 and Chairman in 2010, succeeding industry legend and Chairman for more than 30 years, George David.


Having been involved in the Geared Turbofan program, Chenevert understood the sea change the project represented, and when he became CEO of UTC, he would continue to channel the mindset of innovation that had made him successful into continued investment in the GTF. Read This Article for more information.


The engine is now in use by over 70 aircraft across 14 airlines since its commercial debut with Lufthansa in 2016, and even following Chenevert’s resignation as CEO, continues to reap rewards for United Technologies.



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