Former CEO Louis Chenevert

Louis R. Chênevert, is a Canadian businessman. The former CEO of United Technologies Corporation is a HEC Montréal graduate. In nineteen ninety-nine he was elected Pratt and Whitney’s president, previously working for General Motors for fourteen years. In two thousand and six he joined United Technologies Corporation as its president. He has even had a stint as an adviser to Goldman Sachs for their industrial and aerospace investment sectors. With this amazing career, it’s no wonder why Chênevert is such a success. His skills and knowledge have led him to the top of the industrial sector. That is no small thing. Go To This Page to learn more.

 

Most people today thing that manufacturing is a thing of the past. Like the chilling scene of rusted out railways and locomotives or that of the representation of the dying and decaying city of Detroit. They would be wrong. Even in the face of over regulations, indifferent pop culture, United Technologies Corporation still thrives. This sixty-three-billion-dollar company is based in Hartford, Connecticut. Louis R. Chênevert, managed to be a leader in the industry while respecting environmental concerns and without paying unfair wages. United Technologies Corporation or UTC for short, manufactures everything from jet engines and refrigerators to elevators. That is what makes the company so versatile. In part thanks to Louis Chenevert the company has continued to thrive in Connecticut, despite its high taxes. The company will also continue its nearly seventy years of paying dividends to its shareholders. More( utc.com/News/News-Center/Pages/UTC-Chairman-Chief-Executive-Officer-Louis-Chenevertrecognized-with-the-Publi.aspx)

 

 

Louis Chenevert’s time at United Technologies Corporation was not always an easy one. He had one of the toughest jobs, surviving the two thousand and eight great recession.

He was able to lead the company through the tough times and saw stock prices go from there thirty-seven dollars low to one hundred and seventeen dollars. Louis Chenevert, didn’t outsource like other companies, he actually brought jobs back to America. To thrive United Technologies Corporation focuses on two markets, the building technologies and aerospace. Louis Chenevert, then streamlined the company. For example, he reorganized the company to supply the elevators, escalators, and air conditioners to builders as a packaged solution.  Visit: http://www.phillypurge.com/2017/08/22/following-louis-cheneverts-professional-successes/

 

 

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