Tag Archives: Retired CEO

Louis Chenevert: The CEO and the Chairman of United Technologies Corporation

Louis Chenevert is the CEO and the chairman of United Technologies Corporation (UTC). He was elected the chairman in 2010 and as the CEO and the president in 2008. Before joining the UTC, he had served as the director, COO and the president of United Technologies. Previously, he was the president of Pratt and Whitney. In 1993 before joining Pratt & Whitney, he spent 14 years working for General Motors as the general production manager at St Therese Operation General motors.

Louis Chenevert studied at Montreal University where he earned a degree in Bachelor of Commerce in Production Management. In 2011, he earned an Honorary Doctorate from Montreal University. He is the Montreal International Advisory Chairman and also the chairman and the founding director of Friend of HEC.

His idea of UTC was brought up by a small team of executives in a small group who had a profound understanding of clients’ needs and hunger to deliver quality products. Louis brought many ideas to the company. For example, he introduced a GTF engine that was game-changing as it would reduce fuel burn by 20%, reduce noise by 50% and reduce some parts by 30%. This contributed to very lower cost all through its life cycle. He developed new x2 machinery at Sikorsky that would increase the speed and adjust the noise signature of a helicopter.

Louis used to bring ideas by focusing on engineering and operational talents which are essential for delivering concepts that produce results that gather revenue and exceeds the expectations of the clients. He focused on preserving an effective leadership team which was provided with autonomy, funds, and tools to achieve game-changing products. It could also be followed by an intense review to make sure the main objectives were achieved. Some of the habit that made Louis Chenevert productive as a businessman is a restless follow-up, being optimistic and passionate, tremendous focus, investing his time on pushing agendas, providing operational executives with everything they need and ignoring internal politics. All these practices have played vital roles in his professional and personal success. Louis focuses on thinking big and eliminating roadblocks.

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