Louis Chenevert is a Canadian-born Capitalist who is dedicated to researching, developing and manufacturing high-technology products. He is the former CEO, Chief Executive Officer at United Technologies Corporation and has previously worked for several top-notch companies including General Motors as the Production General Manager and Pratt & Whitney Canada which he joined in 1993 and was nominated as president in 1999. He has also served in other leadership positions such as Vice Chairman of the Executive Committee of The Business Council, and the Exclusive Adviser at Goldman Sachs focusing on the Aerospace and Industrial divisions. During his tenure at United Technologies, Louis Chenevert left a unique legacy that saw the company move from recession to acquisition of Goodrich which turned out to be a noteworthy market gain for the company.
Louis Chenevert considers his pilot project GTF as one of his highest ranking accomplishments. The project has made Pratt and Whitney become very influential in the jet engine market. He also made other significant advancements in 2011 which were aimed at getting the jet engines to burn hotter. He played an outstanding role in leading United Technologies to invest in high-quality technology that has resulted to the high growth of the company and the creation of employment. This has benefited the economy as a whole. According to Louis Chenevert, company managers should focus on the future growth of their companies by investing in new technology and employee training. Companies that make such investments have a better future standing where more jobs are created, the economy is improved, and people manage their time more effectively. Besides, educated employees are more likely to come up with innovative ideas that in turn payback for their studies.
Louis Chenevert is also mainly engaged in environmental conservation. During his leadership at the United Technologies Corporation, he steered the creation of environmentally friendly designs through the reduction in ecological footprint, reduction of greenhouse gases emission, and reduction in water consumption by the company’s plants and facilities. United Technologies has become the world’s most advanced jet engine assembly for both military and commercial jets, all the while denominating the air conditioning, refrigeration, and heating sectors.