Louis Chenevert is among the most celebrated individuals in the investment career. His power to secure the future of UTC and propel the development of the company during a recession period marks him a legendary. Louis Chenevert joined the firm in 2006 as the CEO, and since then up to date, the company is listed among the most profitable conglomerates in the USA.
A Background History of Louis Chenevert
Louis Chenevert schooled in HEC Montreal, where he successfully acquired his degree in Production Management. He landed his first job at General Motors, where he worked for 14 years. Before leaving the firm, he worked as the General Production Manager. (View: Louis Chenevert Becomes The Eighth Chairman Of United Technologies)
In 1993, Pratt & Whitney hired him as an average employee. Six years later, this changed, and he was promoted to the President of the firm following his significant contribution to the industry.
The United Technologies Corporation (UTC) noticed the changes that came along with Louis Chenevert as the president of Pratt & Whitney and offered him the CEO seat.
In 2014, Louis Chenevert resigned as the CEO of UTC. However, the astute decisions that he made for the firm are still driving the firm to higher levels. Few years to come, the firm is speculated to have the ability to employ 25000 more employees. The current CEO of UTC finds it wise to apply some of his mechanisms to ensure the image of the company is upheld.
Currently, Louis Chenevert is living a semi-retired life which has given him a chance to explore his options. He works part-time as an exclusive advisor to Goldman Sachs Company.
Louis Chenevert says that for a company to be a success, it is essential to focus on getting the right team for the firm. After getting the right team, appreciate and inspire them. Louis Chenevert is also keen on the internal politics in a company. He further explains that internal negative forces destroy the stability of a firm. This is why acknowledging this force and eliminating them is key to success. He also believes in surrounding himself with winners because one is only as good as the sum of his team. Refer to This Article for more information.