Louis Chenvert Laid the Blueprint for Long-Term Success at UTC

While the former Chief Executive Officer of United Technologies Corporation has blazed a trail that has made many of his counterparts consider him one of the most successful in the company’s long history, his path to success was not a straightforward one. After garnering his bachelor of commerce degree in production management, Louis Chenevert worked for several major corporations, helping to take them to the next level, while also creating a solid reputation for winning. He would spend over a decade with General Motors before joining Pratt & Whitney; an opportunity that would change his personal life, as well as the trajectory of many of his contemporaries. In 2006, Louis Chenevert was elected CEO of United Technologies Corporation, bringing with him a cutting-edge idea pertaining to a new plane engine, to be named the GTF. After years of development, and billions spent in investment dollars, the GTF was complete. What separated this engine from any of its prior iterations was the fact that it would cut hazardous emissions in half, while also requiring almost twenty percent less fuel to operate it.

Throughout his time with UTC, Louis Chenevert maintained a staunch commitment to the future, without sacrificing the short-term goals that were expected of a man of his stature. His methods, particularly his focus on employee education and dedication to the future of the corporation, were innovative during their implementation, and have proven to be invaluable to its continued success. By providing his employees with the opportunity to garner an increased education provided by United Technologies Corporation, the latest ideas where always at the helm. It was his belief that investing in one’s employees is essential to the long-term success of a corporation due to his understanding that technology alone wouldn’t move the company forward. This school of thought continues to be incorporated at United Technologies Corporation even in Mr. Chenevert’s absence, and since his departure from the company has proven to be vital to its continued success. Louis Chenevert has received a number of honors and recognition for his exploits in the business world, and in 2011, he was given an honorary doctorate by his alma mater, HEC Montreal.