Louis Chenevert- Former CEO UTC

Louis Chenevert is an accomplished business executive in Canada. He has been the General Manager at General Motors. However, his biggest achievement has been at the United Technologies Corporation where he served as the chief executive officer. Louis Chenevert is a French-Canadian who holds a bachelor in production management. Louis served as the general manager at General Motors s for about 10 years before moving on to join the Pratt &Whitney unit. This is one of the business and production units of the United Technologies Corporation. He served at Pratt & Whitney unit for 6 years after which he was appointed to the position of the president of Pratt & Whitney unit in 1999. At Pratt & Whitney, he served as the president for 7 years. He was then appointed to the position of the CEO and President of the entire UTC.

Louis Chenevert achieved a lot as the leader of the corporation, which is worth more than $100 billion. What Louis Chenevert managed to achieve in just a single year is what many business executives achieve after years of work. One of the initiatives that he undertook after taking over the executive role in the company is to recommend the purchase of Goodrich. UTC purchased the company for $18.4 billion.

For Louis Chenevert to succeed at UTC, he identified two areas that he needed to work on. One was technology and the other was human resources. Having been in the business sector for a long time, he had the requisite knowledge and experience to manage such a high profile position. He wanted to make the company better than he found it. Louis Chenevert believes that investing in technology will move a company by a great length but when a company invests in the people sit will move to greater lengths.

Through the Employee Scholar Program, he ensured that many more employees of UTC accessed further studies. UTC has helped over 40, 000 workers further their education. Many employees have attained degree courtesy of the program. In the U.S alone, UTC has spent more than $1 billion in education for its workers.