Louis Chenevert is a top entrepreneur in Canada. The businessman worked as the Chief Executive officer and chairman of United Technologies Corporation (UTC) as well as the president of Pratty and Whitney Canada. He was born in 1958 in Quebec. He pursued his education at a subsidiary of the Business school of the University of Montreal, where he acquired a bachelor’s degree in production management.
The success that is currently being enjoyed at UTC is because of the foundation that was laid by Mr. Chenevert during his tenure. When he came into the company, he brought vast experience, which he had acquired when he was working with General Motors where he served for 14 years. He had also worked at Pratt and Whitney for six years. From that, he was in a capacity to drive the company forward and dominate the market that existed at the time. Even today, the legacy that he brought still lives on and the company is still at the brim of its business environment.
During his tenure, UTC grew in worth to up to $100 billion. Chenevert also played a big role in the negotiations that saw the acquisition of Goodrich Company. The deal was worth about $18.4 billion. In many other of the company’s dealings, Chenevert used his knowledge and experience in decision making which helped to improve the company by far. He initiated the Employee Scholar Program, an illustration of the love he had for the company’s employees as the program funded all those interested in pursuing further education. About 40,000 employees of the company have been benefactors of the program. Throughout his career, he was always finding projects that would see the company further its market and business.
By his works, Louis Chenevert has been recognized with numerous awards. In 2006, he received the FDNY Fire Commissioner’s Humanitarian Award. Additionally, he received the 2009 Honor Award as well as the 2010 Pace Award for Leadership in Business Ethics. After having an unquestionably successful career, Louis Chenevert retired on December 8, 2014, with Edward Kangas taking over.