Louis Chenevert Has had a very interesting career, to say the least. Starting as a manager for General Motors before becoming chief executive officer For United Technologies and Advising Wall Street powerhouse Goldman Sachs.
Mr. Chenevert Was born in 1958 in Quebec Montreal, As a child he showed an interest and entrepreneurship and business That has never left him. he also demonstrated the work ethic and determination needed to succeed in business.
A worthwhile, quick watch on maintaining momentum with innovation: https://t.co/t0aA5Z7TVu
— Louis Chenevert (@louis_chenevert) October 16, 2017
After earning a degree from HEC Montréal Business School at the University of Montréal with a major in production management Mr. Chenevert went to work for General Motors in Montreal. He was placed in charge of the General Motors production line and Montreal and quickly put the skills he learned while earning his degree to work.
After 14 years with General Motors, Mr. Chenevert felt in just time for a change and a colleague of his Karl Krapek Was making the job to the Aerospace industry and felt that Mr. Chenevert with his 14 years of assembly line management experience could be useful.
Mr. Chenevert Joined Pratt & Whitney Canada in 1993. Pratt & Whitney Canada along with Pratt & Whitney USA are business units of United Technologies Corporation. Pratt & Whitney Canada were Focusing on the production of smaller aircraft engines while Pratt & Whitney USA focused on the production of larger engines. Mr. Chenevert reduced production costs by 10% and shortened the production time from 2 years to 9 months, he was promoted the president of Pratt & Whitney in 1999.
As the president of Pratt & Whitney, Mr. Chenevert made numerous improvements that allowed the company to weather an economic downturn far better than many of their rivals. His actions did not go unnoticed buy parent company UTC. In 2006 Mr. Chenevert Was selected as Chairman of UTC and less than 2 years later he was named Chief Executive Officer after the retirement of the legendary George David. Mr. Chenevert retired from UTC in 2014 having delivered and 84% total return for company shareholders. Today he serves as a senior industry advisor for Goldman Sachs.