Louis Chenevert is an investor with managerial skills that inspire many people. He spent 14 years at General Motors before moving on to United Technology Corporation. Chenevert started at Pratt and Whitney, which is a business unit of UTC where he worked for six years. He then went on to head the entire Pratt and Whitney unit in 1999 for seven years. After this, he was appointed CEO and President of UTC. Louis was instrumental in the acquisition of Goodrich for $18.4 Billion. Mr. Chenevert believes in the importance of investing in his people. He believes that while investing in the most advanced technology can take a company far, investing in the people could take them even further. With this in mind, the company runs the Employee Scholar Program. This program seeks to sponsor employees to further their studies. Since 1996, more than 40,000 employees have benefited with the company investing more than $1 Billion over the years. Mr. Louis’ undying legacy at UTC will certainly outlive him.
Louis Chenevert: Shrewd Captain
Upon exiting from United Technology Corporation, Louis Chenevert was appointed exclusive Advisor at Goldman Sachs in 2015. The French Canadian holds a bachelors’ degree in Production Management from HEC Montreal, which is an affiliate college of the Universite de Montreal. His alma mater granted him an honorary doctorate in 2011. In the same year, the aviation trade magazine Aviation Week & Space Technology named him person of the year. In 2009, Louis received the Honor Award from the National Building Museum. For a man of Louis’ stature, it is only natural that other people call on him for advice and input. He is a member of the Executive Committee of the Business Roundtable where he chairs the Tax & Fiscal Policy Committee. Louis Chenevert is the Chairman of the Board of Directors for the Friends of HEC Montreal. This is not the full extent of his involvement in the business community.
Brilliance at its Best
With an uncanny ability to pick projects with maximum positive impact on the company’s future, Louis has laid an excellent foundation for the company’s future. Today, the market share is on a consistent upward trajectory owing to the lessons and culture established by Louis. The success of Sikorsky and Aerospace System units is quite immense, thanks to his exemplary service and ingenuity.