Louis Chenevert’s Legacy at UTC Will Keep It Successful Today and Tomorrow

What Louis Chênevert has done at United Technology Corporation (UTC) will make sure that this company is successful in the present as well in the future.

Louis Chênevert has to made sure that hi-tech products at his company are the most innovative and advanced. He was able to acquire Goodrich for UTC for about $16 billion and will ensure that UTC can play a dominant role in the aerospace industry. He has made sure that the products made by his company are environmentally friendly so the success of his company’s success will not come at the expense of the planet Earth. His success at UTC has helped the company as well as the environment.

Chênevert is actually a Canadian and hails from the Canadian province of Quebec. He majored in production management at NEC Montreal and got a bachelor’s degree in that major.

He used his degree to get a job at General Motors and he was there for 14 years. At General, he was able to rise to the position of General Manager of Production. In 1993, he said good-bye to General and joined the company called Pratt and Whitney, a manufacturer of planes and their engines. He was even more successful at his new company and became President of Pratt and Whitney. After 14 years, he was appointed CEO of UTC.

In 2014, he did leave UTC and was replaced by a director Edward Rangas. Rangas should be successful in his new position as Chênevert built a good foundation for Rangas to build on.

After a transitional period of one year, he got a job at Goldman Sachs as an Exclusive Advisor. He will use his knowledge of the industrial and aerospace industries to help Sachs target the correct opportunities in these sectors.