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.

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