Louis Chenevert became the chairman of United Technologies Corporation (UTC) on 1st January 2006. Born in Montreal, Quebec, Mr. Chenevert attended HEC Montreal where he attained his Production Management degree. Immediately after his graduation, General Motors hired him and worked with the company for 14 years. In 1993, Louis Chenevert moved to Pratt & Whitney Canada where he served in different capacities including President. Following his success at Pratt & Whitney, Louis Chenevert was appointed UTC Chairman. In due course, he was promoted to CEO and President, a position he held until 2014.
UTC is headquartered in Hartford, Connecticut. It specializes in building helicopters and in the development of refrigeration, air conditioning, and heating systems. Its aerospace department produces a wide array of items such as flight controls, actuators, brakes, gears, and sensors. Under Louis Chenevert’s leadership, UTC achieved a lot. Thanks to his commitment to his job, UTC grew to become a respected company in the industry. According to Louis Chenevert, companies do not innovate, employees within them do. For this reason, Mr. Chenevert focused on encouraging workers to continue with their studies through the Employee Scholar Program. Thanks to the Employee Scholar Program, numerous UTC employees have earned 39,000 plus degrees in the last twenty years.
According to Louis Chenevert, a good leader shouldn’t be a boss, but a steward. In addition, the former United Technologies Corporation CEO doesn’t view leadership as an occupation, but as a service. To Mr. Chenevert, leaders should work hard to leave corporations better than they found them. While at United Technologies Corporation, Louis Chenevert focused on investing not only in technology but in people. He believes that leaders should strive to promote the technological investments, maintain focus on both short-term and long-term objectives of the company, and strive to maintain the well-being of personnel.
Louis Chenevert laid a great foundation for UTC. The company still invests in technology and people. This ensures its continued market dominance. More importantly, UTC enjoys competitive benefits that originated from strategies put into practice during Louis Chenevert’s tenure. His exceptional planning qualities have benefited UTC and many other U.S. suppliers. Since leaving the company, he has dedicated himself to his family and his hobbies.