United Technologies Corporation or UTC became one of the biggest global business success stories of the last decade. And the man behind the Fortune 500 company has left an indelible mark on the company. That man, Louis Chênevert, has become an inspiration for anyone looking to make their mark on the global business stage.
Mr. Chênevert led UTC from 2006 to 2011. In the five years as the Chief Executive Officer of the global company, UTC saw its growth, revenue, and profits rise. This is an amazing feat considering UTC was already a large Fortune 500 company. Mr. Chênevert’s ability to find more room for growth is a textbook example of how to manage a multi-billion-dollar revenue generating global company. (More Louis Chenevert’s Business Successes Past, Present and Future)
UTC employees of 200,000 people who work on everything from military and aerospace projects for the United States government to commercial aerospace projects. The company’s portfolio includes Otis, Pratt & Whitney, UTC Aerospace Systems as well as UTC Climate, Controls & Security. It could be said that none of this would have been possible without the leadership of Louis Chênevert. See This Article for additional information.
One of the biggest accomplishments for Louis Chênevert, during his tenure at United Technologies Corporation, was the development of an innovative jet engine which was able to reduce emissions as well as fuel consumption. The $10 billion-dollar project helped generate many billions more in revenue and profit.
Louis Chênevert’s career began at General Motors where he rose to become a general production manager. Afterwards, Mr. Chênevert found himself at Pratt & Whitney where he served as their vice-president of operations. Less than six years later, Mr. Chênevert would be named President of Pratt & Whitney. Mr. Chênevert would remain at this position until he was recruited by UTC.
In 2006, Louis Chênevert was named President, Chief Operating Officer and a member of the board at UTC. In 2010, Mr. Chênevert was named Cheif Executive Officer. He would remain at UTC for another year until leaving for Cargill in 2011. Today, Louis Chênevert is known as one of the most influential and successful leaders in UTC’s eighty-four-year history.