Louis Chenevert: Looking into the Future of Business

Louis Chenevert is a celebrated Canadian businessman and retired CEO of United Technologies Corporation. His dedication to United Technologies Corporation is part of his personal philosophy that CEOs should not just be leaders, but also stewards for the company. By investing resources into the long term, Louis Chenevert believes that is what creates a solid future for any corporation.

A perfect example of this methodology is the Pratt & Whitney Geared Turbofan engine. The time and money that was invested in this project had a high pay off in the long run. The engineers of the Geared Turbofan engine found a way to decrease emissions, noise and fuel burn significantly – something that they may not have been able to do if they had less time or resources.

The groundbreaking design of the engine is not only turning heads on Capitol Hill and in the manufacturing industry, but it also has the distinction of creating jobs in the United States. American factories across the country are working hard to meet the demands of their customers. With the increased demand for the product, thousands of jobs are being created.

Louis Chenevert’s career in successful leadership spans decades. He has an innate ability to boost short term performance while effectively navigating investing for the long term. He joined United Technologies Corporation in 2006 as the Director, President and Chief Operating Officer. Louis Chenevert was elected in 2008 to the CEO position, and in 2010 as Chairman.

Prior to working for United Technologies Corporation, he was the President at Pratt & Whitney where he held the title from 1999 to 2006. He gained valuable work experience as the Production General Manager for General Motors. Louis Chenevert worked for General Motors for 14 years.

Louis Chenevert’s expertise and willingness to lead has not gone unnoticed. He has been the recipient of many awards such as the National Building Museum’s Honor Award in 2009 and a doctorate honoris causa from HEC Montreal. He was also honored to be named the Person of the Year in 2011 by Aviation Week and Space Technology.