Louis Chenevert is a businessman and former CEO of United Technologies Corporation, UTC. UTS is an American based a multinational conglomerate that deals with the research, development, and manufacturing of high-tech products. Louis was elected as the Chairman of UTC in March 2006.
During his tenure at UTC as the CEO, Louis Chenevert left a legacy that other CEOs have been unable to match. He managed to steer the company to significant gains in the acquisition of Goodrich while the market was undergoing a recession period. The deal with Goodrich took a whole year in negotiations and was marked as a signature deal. This proved the commitment, business insight, and patience that Louis Chenevert has.
Louis Chenevert has also worked with General Motors as the General Manager in the production department for 14 years. Before General Motors, he had worked with Pratt & Whitney Canada where he was elected as the president of the company after working for 6 years.
Louis Chenevert’s highest ranking accomplishment was his pet project dubbed the GTF. This project saw his idea chosen by Airbus. In 2011, Louis took part in the development of a new concept that helped the aircraft engine burn hotter. This concept relied on decoupling the fan which had the potential of greater payoffs for both large and new engine designs. Louis’ ideas helped UTC in meeting their commitment when it comes to investing in quality technological advancements. These advancements drive the company’s growth to date both in terms of revenue and creation of manufacturing jobs which in turn has boosted the American economy tremendously. Get More Information about Chenevert here.
A CEO often strives to invest in the latest technological advancements to ensure future success for the business. Louis Chenevert is a strong believer in this principle. Employee education goes hand-in-hand with this idea. The current performance of a company is normally very crucial when it comes to success. For a CEO to be efficient in what he or she is doing, they must always think about the future of the company. Check Chenevert on Crunchbase.com.
UTC is always at the forefront when it comes to coming up with environment-friendly designs. Louis Chenevert pioneered this idea while selling the company’s products. This was evident by the reduction of the company’s greenhouse gas emissions by 26% and reduction of water consumption by 53%.