Louis Chenevert’s impact on UTC

It is quite a tasking job heading a massive corporation like united technologies corporation. Lots of people have held positions at UTC, but none has had an impact like Louis Chenevert. He started working at UTC in 2006 and worked till 2014. He held different places such as CEO, chairman, and president. He is quite knowledgeable in the production management field. The success in his career has been as a result of his hard work throughout the years. As the president of a multinational firm, Louis came up with new innovative products and strategies.

On completing his schooling, Chenevert began his vocation at General Motors working in varied positions. He worked in the firm for about 14 years. Louis later went to work at Pratt and Whitney which is a part of United Technologies Corporation. He came up with specialized equipment for use in the aerospace industry. His effort and prowess in the field were witnessed when he aided the corporation to become the only manufacturer of F-35 engines. Also, he ensured that top skilled workers were employed in the organization for a competitive edge in the industry.

So much was achieved by Chenevert at UTC. One very significant achievement was spearheading the acquisition of Goodrich Aerospace. This acquisition only took him a year for it to be completed and cost the company about $18.4 billion. Besides, he has overseen the investment of innovative technology in the company. Owed to the high competition in the aerospace industry, every company must embrace technological innovations to stay afloat of competition. Therefore, UTC introduced improved engines and equipment in the market.

Louis Chenevert played a significant role in creating the F135 engine. Through his leadership, UTC stayed competitive and attained its position in the aerospace sector. This was achieved by ensuring that only skilled people were employed in the firm. Also, he ensured all the units in the firm were funded adequately for the smooth running of operations. In 2014, Louis retired and left a mark at United Technologies Corporation.It is quite a tasking job heading a massive corporation like united technologies corporation. Lots of people have held positions at UTC, but none has had an impact like Louis Chenevert. He started working at UTC in 2006 and worked till 2014. He held different places such as CEO, chairman, and president. He is quite knowledgeable in the production management field. The success in his career has been as a result of his hard work throughout the years. As the president of a multinational firm, Louis came up with new innovative products and strategies.

On completing his schooling, Chenevert began his vocation at General Motors working in varied positions. He worked in the firm for about 14 years. Louis later went to work at Pratt and Whitney which is a part of United Technologies Corporation. He came up with specialized equipment for use in the aerospace industry. His effort and prowess in the field were witnessed when he aided the corporation to become the only manufacturer of F-35 engines. Also, he ensured that top skilled workers were employed in the organization for a competitive edge in the industry.

https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html