Louis Chenevert, the previous Chief Executive Officer and Chairman of United Technologies Corporation (UTC), has always been an innovator who has done everything in his power to help the companies he has worked with or for succeed. He became the CEO and President of UTC in 2008 and went on to become its Chairman just a couple of years later. He also served as UTC’s Chief Operating Officer early on in his career with the company and came aboard with UTC after serving Pratt and Whitney as its President.
Louis Chenevert has spent plenty of time with companies other than UTC, and along with Pratt and Whitney, he worked with General Motors for over a decade. There, he worked with the company’s operation it had set up in St. Therese and served as its Production General Manager. Chenevert has also worked with Cargill Inc. as a member of its Board of Directors and worked with Goldman Sachs Merchant Banking Division for two years as its Senior Industry Advisor. Before doing any of this, he studied at the Université de Montréal, École des hautes études commerciales (HEC) where he received a Bachelor’s of Commerce Degree in Production Management.
While Louis Chenevert worked with UTC, he accomplished quite a bit that continues to make the company the success it is today. First off, he was instrumental in helping his company to acquire Goodrich aerospace, which was a deal that saw $18 billion exchange hands and grew UTC into a larger company that it could have become on its own. This acquisition was also the largest acquisition to have ever occurred at the time. He helped to develop the GTF engine, which changed the face of aerospace for many years and still continues to through this day. He also was a part of the development of X2 tech that has made helicopters twice as fast as they were before. Last, but not least, he helped get the F135 engine the spotlight it deserved, which has led to it changing the face of military propulsion ever since.
Louis Chenvert will always be remembered as the man who made UTC the stable and strong company that it continues to be, to this day.