Louis Chenevert’s Legacy at UTC

Mr. Louis R. Chenevert has made a couple of achievements during his 14 years at general motors as St. Theres Production General Manager and as CEO and Chairman of United Technologies Corporation. The business giant holds a bachelor’s degree in production management, which he earned at the Université de Montréal, École des Hautes Etudes Commerciales (HEC). Mr. Chenevert was born French-Canadian.

Mr. Chenevert joined the Pratt & Whitney business unit which operates under the larger United Technologies Corporation after spending more than a decade in General Motors. Here, he spent six years before earning the elective position of President in 1999. He successfully served this position for seven years and was thereafter voted in as president and CEO of UTC.

As the leader of this conglomerate, Mr. Chenevert made several impressive achievements valued at approximately $100 billion. This record is yet to be broken throughout the careers of many corporate executives. He made it a personal mission to employ his skill and experience in improving the company standards from the moment signed on as the president and CEO of UTC. This attribute should be the driving principle of any employee in an organization, from the CEO to the summer intern. Most of the time, he emphasized on investment in the right technology to take the company far, alongside investing in the right individuals to take it even further.

The Employee Scholar Program is among UTC’a most convincing indications of the company’s commitment to investing in its staff. This program covers the costs of pursuing further education in the respective fields of interested employees. Thanks to the program, well more than 40,000 employees across the world have earned degrees. In the U.S. alone, the company has invested over $1 billion in the education of its staff over the year.

As reported by Forbes, Mr. Chenevert has championed improvements that have contributed to UTC’s consistent growth. He was appointed CEO of the company in 2006, a period that was characterized by the subprime recession. With his skill and experience, he managed to navigate the company through the treacherous economic environment for it to subsequently meet its objectives. Mr. Chenevert left UTC on 8th December 2014, and was replaced by Edward Kangas.