Louis Chenevert is the former CEO of the United Technologies Corporation. When he led UTC, Chenevert believed clever investments are what gave companies power and success. Under Chenevert’s leadership, UTC took a risk in investing in their employees during an economic recession. However, calling it a success would be an understatement. The program has provided 39,000 employees degrees from the scholarships acquired. This is an incredibly generous offer, giving people access to education.
Chenevert did not just think about the short-term, but the long-term as well. This contributed significantly to the company’s success. He worked tirelessly from the time he had joined UTC in 1993, and his efforts couldn’t have been more rewarding in 2006 when he was appointed CEO. He drove the company to glory beating powerful industries that had been ahead of him as he claimed a higher position.
Born in Quebec in the year 1957, Chenevert’s childhood was like any other. He wanted to make something better for himself and sought education as his way in. He attended HEC Montreal acquiring a bachelor’s degree in production management.
His career at UTC molded him to what he is today, handing him popularity among other companies and establishing him as a role model in the aviation industry. His thriving had begun with his remarkable skills and intelligence which he had put to practice in his department that had earned a huge profit. He had managed to impress the company in the gains his investments had made.
Chenevert proved his flexibility when he had the aerospace engineers moved to save the company resources and put their skills to credible use. Chenevert is proud of the results his efforts have brought about, and he continues to inspire.