Louis R. Chenevert is a Canadian native who served at the helm of UTC as President and Chairman. Chenevert was elected to the position of President and CEO in April 2008. In January 2010 Chenevert became UTC chairman. Chenevert before his appointment at the helm of UTC served as the firm’s Chief Operating Officer and Director. Before joining United Technologies Corporation, Chenevert served as the President of Pratt& Whitney for a period of seven years that is from 1999 to 2006.
Chenevert began his career journey at General Motors where he spent more than a decade working as a Production General Manager at St.Therese operation.
Other distinguished roles that Chenevert is actively involved in include serving as the chairperson of Tax and Fiscal policy committee at the Business Roundtable and Business Council. Chenevert also serves as an active member of the US-India CEO Forum. Chenevert is also an active Chairman at the Board for Cargill and also acts as the Chairman of the Yale Cancer Centers Advisory Board. Chenevert has achieved a lot in his long career as a top business executive.
Louis Chenevert has a rich educational background. He attended HEC which is an affiliate of the University of Montreal where he graduated with a Bachelor of Commerce Degree in Production Management. Chenevert also at HEC Montreal serves as the founding chairman and director of the Board of Friends for HEC.
Chenevert has served for decades in leadership positions in multinational companies and knew the secrets of business success. Chenevert attributes organizational success in investing in employees. According to Chenevert, most businesses tend to think of many ways through which they can improve their business such as the introduction of modern technology or hiring of highly experienced personnel while ignoring the most basic thing and that is investing in the firm’s current employees. Investing in the company employees has several advantages. One is that as the leader you know your employees well and what they can be able to handle. If some employees can be given the opportunity to showcase their skills and talent they will surpass the expectations of their bosses says Chenevert. Another advantage of investing in your current employees is that an organization can save time on training new people to fill vacant positions.