Who Is Former UTC CEO Louis Chenevert?

Hailing from Canada, the successful businessman Louis Chenevert used to be the CEO of United Technologies Corporation, which is also known as UTC. Even during an economic recession, Mr. Chenevert was able to accomplish some big things while leading UTC, including helping the organization make significant gains. One of his more notable achievements was acquiring Goodrich for $18.4 billion. This deal took more than a year to negotiate, and, even more impressively, it took place during one of the lowest points in the market in the past decade. The Airbus and Pratt & Whitney project was also one of his important accomplishments during Chenevert’s time in charge of UTC.

Prior to taking over leadership at UTC, Louis Chenevert served as the Prouction General Manager at the famous General Motors. Afterwards, he also served as Pratt & Whitney’s president. The Executive Committee of the Business Council also saw Mr. Chenevert play the role of Vice-Chairman from 2011 to 2012. After his excellent performance at UTC, Goldman Sachs enlisted Louis Chenevert in 2015 to be the Exclusive Advisor for its Merchant Banking Division. While leading UTC, Louis Chenevert earned more than $22 million. This amount is also inclusive of both cash bonuses and stock options.

Louis Chenevert is quite proud to be Canadian, and his place of birth of Quebec. He earned his Bachelor’s degree in production management from HEC Montreal, and was the recipient of several honors an awards throughout his time. Among these was the Honor Award, which he was aware by the National Building Museum. The American magazine Aviation Week & Space Technology named Louis Chenevert as its “Person of the Year” back in 2011, which was quite an honor to receive. It is rare to find individuals with the same level of success and influence as Louis Chenevert, and the Canadian businessman will continue striving towards bettering the world for years to come.

http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx

Shervin Pishevar’s Double Life

Shervin Pishevar is the co-founder and Managing Director of Sherpa Ventures. Shervin Pishevar has previously worked with Menlo Ventures, Wens.com, Social Gaming Network and HyperOffices.

Pishevar graduated from the University of California where he gained a bachelor’s degree in interdisciplinary studies. He was voted Vice President Pro Tempore of the Montgomery County Board of Education in Maryland, where he was in charge of the education over over one-hundred thousand students and nearly 20,000 teaching staff.

In 2005, Shervin Pishevar began a six year run as COO of Webs Inc.

In 2011, Shervin Pishevar became the Managing Director and Venture Adviser of Menlo Ventures, a capital fund with over 4 billion dollars in account holdings. Pishevar assisted Menlo to form the Menlo Talent Fund during his time spent with the company. As Managing Director and Venture Adviser at Menlo Ventures, Pishevar worked with many popular brands and companies including Uber, Machine Zone, Fab, Warby Parker and Tumblr.

Pishevar, in addition to his successful run at Menlo, held several positions at Ionside Interactive, a company that he co-founded in 2001.

The entrepreneur also assisted in founding several other companies including Application Corporation, Seges Capital and WebOS.

Shervin Pishevar does not devote all of his time to business though. He divides his time between making money and assisting his country.

Pishevar has spent considerable time working for the United Nations Global Entrepreneurs Council. Under this position he has spent time all over the world as a representative of the United States. He served as the Entrepreneurial Ambassador during state delegations to the Middle East and Russia. His time spent working with the United Nations, on behalf of the United States only shows that Pishevar is a proud patriot as well as a very successful businessman and entrepreneur. See This Page for related information.

The Outstanding American by Choice award is given to naturalized United States citizens who have shown strong American values since becoming citizens. The award is given to those who show strong civic participation or have achieved a very high position within their industry. Pishevar is one of only one-hundred individuals to receive the award.

 

Learn More: https://en.wikipedia.org/wiki/Shervin_Pishevar

Highlights from Shervin Pishevar’s Early-February Tweet Storm

Shervin Pishevar used Twitter on February 5, 2018, to comment on recent bumpiness in the American stock market. His session became tweet storm that ended 21 hours later. Through 50 tweets, the successful venture capitalist forecast several unsettling events.

 

Expect More Drops in the Dow Jones Index

 

When Pishevar began his Twitter marathon, Wall Street was experiencing its worst week in several years. He predicted a continued downturn. “I expect a 6,000-point drop in aggregate in the months ahead,” he tweeted. Pishevar then proceeded to reveal the logic behind his positions.

 

Inverse ETFs Are Suspect

 

Investors enjoy the portfolio diversity found in exchange-traded funds, but Shervin Pishevar foretold likely doom for those who try to beat the stock market via the specialty ETF class called inverse ETFs. “All volatility indexes are suspect for trading. Twenty-four ETFs with a combined market cap of near $6 billion. The inverse ETFs are over $3 billion of that and are at essentially zero overnight,” he stated.

 

The World Is Evolving Past the United States

 

Shervin Pishevar also mentioned an essay he wrote in the previous decade. In that essay, he warned that other countries had adopted the entrepreneurial spirit that helped America grow, and they were using it to gain advantages in the global arena. Now, insisted Pishevar in his tweet storm, those trends continue, and America has fallen farther behind its major competitors. He noted, “Speed of execution across many sectors from other regions is startling. Very little of frictions that are becoming systemic fractures here.” To further that point, he linked to a recent news story about a crew of 1,500 workers who built a Chinese train station in nine hours.

 

Currencies Will Be Stateless

 

The investor who goes by @Shervin on Twitter also wrote about a once-in-1,000-years shift that cryptocurrencies like Bitcoin will bring. Pishevar then stated, due to such stateless money, “Giants built on monopoly frameworks will fall…. That’s how evolution works.”

 

Entities and individuals in America’s economic ecosystem can listen to Shervin Pishevar and evolve based upon his commentary, or they can ignore him and likely falter. See This Article for more information.