Louis Chenevert, Chairman And CEO Of UTC Increased Profits And Improved Production At Every Job He Landed

Even at a young age, Louis Chenevert was well aware that achieving success was not a magic trick, or only for the ‘lucky’. Success is gained by applying hard work and dedication to the cause. Entrepreneurship was the driving force behind his hard work, he knew even as an adolescent that this was the career path of his dreams.

Born in 1958 in the Canadian Province of Montréal, Québec he was raised by parents who could be considered a traditional, ordinary family. After graduating high school, Louis Chenevert attended The University of Montréal; Specifically the Montréal HEC Business School. He developed a particular interest in Production Management and obtained a degree in that field. Production Management ensures the quality, speed of production, and lowest cost are implemented with the focus on profitability.

 

Putting his degree to good use began by first landing a job on the assembly line at General Motors in Quebec, and embracing the early enlightenment he developed of hard work equals success. Rising to corporate positions within General Motors was no exception. He exemplified the principles of dedication and determination and found himself rising through the ranks in the massive corporation. Eventually he proudly accepted the position of executive at General Motors, keeping the company’s overall goals as the essence of his career.

After 14 years of employment at General Motors, Louis Chenevert was ready to expand his professional horizons and was inspired by a coworker to pursue a career in aerospace technologies. Intrigued by the prospect, he impressed the team at Pratt & Whitney Canada (PWC) and was offered a position in 1993. Due to his success in increasing profits, and implementing some of the assembly line experience he learned at GM he effectively took the company from producing a jet engine from a two-year process, to only 10 months. In 1996, he was chosen to succeed the vice president of the larger sister company, P&W in The United States.

UTC, the Parent Company of both PWC and P&W called upon Louis Chenevert to join their team, where he was soon appointed the position of Chairman. Landing a contract with the US Navy worth hundreds of millions of dollars, negotiating the acquisition of BF Goodrich, increasing productivity within the corporation, and streamlining efficacy are only a few of his remarkable achievements.

Tony Petrello And The Story Behind Becoming Involved At The Texas Children’s Hospital

Tony Petrello is no medical expert, but he is happy to help experts in that field by donating to research facilities. He has done this for over 10 years at the Texas Children’s Hospital where he got involved after coming out of a tough time in his life. Tony Petrello is the CEO of Nabors Industries, one of the world’s top oil drilling companies, and he always has found a way to solve problems that few others have. But he found when his daughter Carena was born that he faced new problems that he could not defeat. Tony Petrello Welcomes Tommy Tune Home To Houston.

Tony Petrello and his wife Cynthia found out their young daughter had periventricular leukomalacia, a brain condition that has also caused cerebral palsy in young children. They tried to consult with some of the nation’s best doctors and surgeons on how to treat Carena, but they were told she would have that condition for the rest of her life. It was hard for Petrello to face that reality watching his daughter grow up, but he realized that since little was being done by way of research in children’s brain disorders, he decided he would do something about it. Petrello had met with two other business people in Dan and Jan Duncan who decided to start a center for young children’s neurological research. Petrello decided to become involved in this and in a fundraiser he wrote a check for $5 million to it. Later on he added $2 million more, and today the institute is one of the top children’s neurological research centers in the world. Petrello hopes people will recognize how important this field is from his work.

Tony Petrello is originally from New Jersey and is a graduate of Yale University in the Advanced Mathematics field. He also studied law at Harvard and became an expert in corporate and finance law as he became an attorney for Baker & McKenzie, a law firm based in New York. He represented many investment banks, hedge funds, pharmaceutical companies and also Nabors Industries who offered him the job as chief operating officer after he had spent 13 years at the firm and 6 as managing partner there. Tony Petrello spent 20 years in that role before being nominated CEO upon the passing of former CEO Eugene Isenberg. Petrello also serves with several other energy companies including the Board of Directors at Stewart & Stevenson and Hillcorp Energy.

Tony Petrello info: www.ckwluxe.com/cynthia-petrello-full