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.