Louis Chenevert is a Canadian businessman with global recognition. For the years he ventured into the business world, he has made a positive impact wherever he has worked. With a degree from HEC Montreal business school, Louis joined General Motors where he has served in various administrative posts for more than a decade. His knowledge in product management enabled him to come up with strategies and principles that are useful in the smooth running of the company. Louis left the company to serve at a manufacturing company dealing with aircraft engines, Pratt & Whitney. During his time in the business, Louis made impressive progress doubling the performance standard of the enterprise. His effort received recognition, and he became the company’s president.
Louis Chenevert spread his excellence wings further and joined United Technologies Corporation in 2006. Louis sunk back to work and even invested in the company as a sign of belief to the business’s innovative objective to come up with high tech products. UTC dealt with assembling of jet engines for both military and commercial purposes. The company also has various project deals working with aerospace, air conditioning and refrigerator sector. Within no time as chairman of the company, Louis increased the share price by $80. He was in charge of several operations at the company including the historical acquisition of a Goodrich by UTC which hit the headlines as the best acquisition.
Louis made revolutionary changes for UTC; he facilitated the company to adopt the use of eco-friendly products that improved the environmental condition. He was also in charge of allocating staff work according to their capabilities which grew the company’s economy tremendously.
Louis Chenevert is originally from Montreal. However, his prominence is on a global level. Several investors have and still use his techniques to run their businesses to entrepreneurial glory. Once he left the business school, he made significant marks in the corporate world, and as an alumnus, he received the doctorate honoris causa. In every company he worked, he did his work wholeheartedly to improve the general performance of the enterprise. His work has also contributed to the country’s general economic growth.
Since his retirement from UTC, Chenevert joined the Merchant Banking Division Goldman Sachs, where he continues to contribute to the development and advancement of the aerospace and industrial sector. Additionally, he served as a vice person board member at Business Council for a year. Louis Chenevert’s success is not a stereotypical one; after all, not all businessmen are honored the person of the year by Aviation Week & Space Technology.