Louis Chenevert had a unique leadership style that was hard not to admire when he was CEO at UTC. This was illustrated in the manner in which he picked investment projects. Most of the projects inspired the employees to work harder and were vision oriented. UTC leads the market for air conditioning, refrigeration, and heating. Its Sikorsky unit in Stratford is not only the leading manufacturer of helicopters in the United States but also an assembler of advanced jet engines for both military and commercial use. UTC specializes in the Geared Turbofan (GTF) engine. The Sikorsky unit invested in the development of the GTF engine by Pratt & Whitney Aircrafts.
UTC’s market share increased immediately after Mr. Chenevert was made the president of the Pratt and Whitney unit. The increase resulted from the improvements Mr. Chenevert introduced in the company. Chenevert after years of promising leadership resigned as Chairman and CEO of UTC in 2014. Edward Kangas succeeded him. Mr. Chenevert was then made an Exclusive Advisor at the Goldman Sachs‘ Merchant Banking Division. He played the role of looking for growth opportunities available in the aerospace industry.
Louis Chenevert is a Canadian businessman. He was Chief Executive Officer of United Technologies Corporation where he also served as the chairman up to 2014. He was voted in to be the Chief Executive Officer and chairman of UTC in 2008 and 2010 respectively. He also worked at Pratt & Whitney Aircraft where he served as president. Chenevert was the General Manager of St. Therese General Motors operation before moving to Pratt and Whitney.
Louis Chenevert graduated with a degree in Commerce in Production Management from the University of Monreal École des Hautes études commerciales (HEC).