UTC’s Tremendous Success Under the Stewardship of Louis Chenevert

Louis Chenevert, the chairman and chief executive officer of United Technologies Corporation, is a holder of a degree in production management from the Université de Montréal, École des Hautes études commercials (HEC).

Chenevert is a member of the Executive Committee of the Business Roundtable, and he chairs the Tax and Fiscal Policy Committee. He is the chairman of the Yale Cancer Center’s Advisory Board and serves on the Board of Directors for Cargill, the Congressional Medal of Honor Foundation. The successful innovator is the founding director and chairman of the Friends of HEC Montreal Board of Directors and chairman of HEC Montreal’s International Advisory Board. Louis is a former president at Pratt &Whitney before which he had served as the production general manager for 14 years at General Motors.

Journey to Success

Mr. Chenevert mission as UTC leader was to leave the organization far better than he found it, by use of his knowledge and experience to make vast improvements. His commitment focused on investing in the most advanced technology and the people. UTC Employees’ Scholar Program was introduced with the aim of developing and nurturing employees, through covering the cost of employees who are interested in career advancement in their relevant areas. Over the years UTC has invested over $10 billion towards educating its people.

Louis outstanding leadership as the CEO of UTC was his ability to identify successful projects in line with the company’s vision and motivating a working relationship among people to the success of these projects. Mr. Louis steered the acquisition of Goodrich, through his lobby that saw UTCs Pratt & Whitney become the sole suppliers of the F-37 engine for the US government. The talented innovator spearheaded the success of UTCs Sikorsky unit, the largest US helicopter manufacturer. The company leads the market for air conditioning, heating, and refrigeration.

Mr. Chenevert has been at the forefront in advocating for developments that have contributed to the growth of UTC since he officially became a part of Pratt & Whitney in 1993. He was appointed as the CEO in 2006, and despite the overwhelming downturn experienced in the US at the time, the visionary leader managed to prosper in steering the corporation through the challenging economic trends and ensured achievement of set objectives. He stepped down from his role at UTC in 2014.