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Louis Chenevert: A Legacy of Great Stewardship

Louis Chenevert served as the CEO of a large Fortune 500 company United Technologies Corporation for over two decades and left a legacy of great stewardship with the company that propelled that company to the top of the airline engine manufacturing industry. The manufacturing and design of aircraft engine is a very competitive industry and requires forethought, investment, and patience from company leadership. Before Louis Chenevert left UTC, the company was solidified in a great position for the future. (Read Louis Chenevert’s Business Successes Past, Present and Future)


Through Investments made and forethought made by Louis Chenevert, UTC began the process of innovation and stretching the paradigm of where aircraft engines and the manufacturing of them could achieve. Even to this day, employees at United Technologies Corporation still look back at some of the decisions and forethought of Louis that translated into opportunities for success today. Over the ten 10 years at United Technologies Corporation, Chenevert had the foresight to invest 10 billion dollars over two decades into the redesigning of jet engines. This changed the industry in countless ways. Tens of thousands of jobs were created, and billions of dollars of additional revenue were brought into the company, as a result of the decisions. Read This Article for more information.


The airline industry would not be the same without Louis Chenevert’s investment in the future, all while maintaining the overall health of the company. All future advancements require aggressive research and development investments today in order to reap the benefits later. Under the stewardship of Lewis, United Technologies Corporation reduced fuel consumption by 16% and Emissions by 50% and GTF is now flown by more than 14 Airline on over 70 aircraft that investment. The gains the company has generated in market share revenue and profit margin have been a result of the forethought and keen insight of Louis Chenevert to see and create a bright future through ideas, innovation and a legacy of great stewardship at United Technologies Corporation.



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Louis Chenevert Success

Louis Chenevert was born in 1958 in Canada. Chênevert earned a Bachelor of Commerce Degree in Production Management from the Université de Montréal, École des Hautes Etudes Commerciales (HEC). He is Chairman of HEC Montreal’s International Advisory Board and a founding director and Chairman of the Board of Directors for the Friends of HEC Montreal. Louis Chenevert has also received a Doctorate Honors Degree from two universities. (Read Louis Chenevert’s Business Successes Past, Present and Future)


Louis Chenevert started his career at General Motors’ until where he was appointed Production Manager for 14 years and joined Pratt and Whitney Canada. In 2006 Louis moved to United Technologies Corporation and started as a chief operating officer. He later became chairman of the board of UTC.


The United Technologies Corporation is a leading innovator in building and aerospace technologies. It also manufactures the most advanced jet engines in the world for both commercial purposes and military purposes. UTC was born in the 1950s and has not abandoned the place it was born neither compromised its values overtime till today.


Louis Chenevert married a concept he had from Pratt and Whitney where he worked. The idea of the GTF engine where he knew it was going to be something big. GTF is now widely used by many aircraft companies. Louis Chenevert could see future potential of the company.


Louis Chenevert was ready and willing to invest in the technology which was a key driver to UTC’s success. UTC is a significant contributor to the economy and creating many manufacturing jobs. Through Louis Chenevert’s presidency in UTC, the company has been able to meet the needs of the clients. See This Article for more information.


Louis Chenevert was able to marry Pratt and Whitney Corporation with UTC for the growth of manufacturing sector in the United States of America. Louis had a firm belief that technology within the company is what would take the company far.


After taking over in UTC, Louis Chenevert focused on investing in its employees for the success of the company. UTC concentrated on educating its employees, by footing the education fees entirely for any degree an employee took. Louis Chenevert has played a vital role in the growth of UTC the company and helping it become a global company.



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