Louis Chenevert is a business executive, who has worked relentlessly to build his illustrious career, ever since he graduated from Business School at the University of Montréal. In his long and fruitful career, Chenevert has experienced massive success, and this is thanks to his adherence to top quality and high standards.
This has ensured that success has been a loyal companion all through his career, from working at General Motors to becoming the Chief Executive Officer of United Technologies (UTC). His in-depth knowledge and understanding of production would come in handy at UTC where he was responsible for slashing the production cost of the struggling Pratt & Whitney (P&W) an outfit of UTC.
Chenevert has maintained high ambition all through his career, and this has helped him attain immense success. He joined the aerospace industry and joined Pratt & Whitney Canada (PWC) in the year 1993. PWC operated under the larger Pratt & Whitney (P&W), which itself was an outfit of UTC. It did not take long for the management to notice the boisterous efforts of Chenevert and in turn, he was chosen as the Vice President for operations at P&W.
Within three years, in 1999 Chenevert had worked his way up to the president of P&W. At the time he was assuming responsibility, the company was performing below expectations. Being a seasoned manager who knew who to turn around fortunes, Chenevert would lead the company back to profitable ways. Years later the parent company UTC would call upon him, and he joined them as the chairman of the corporation in the year 2006.
It is at UTC that he would see to it that his pet project, the geared turbofan engine (GTF), would come to reality. The company invested more than $10 billion in its design and development. The GTF reduced the consumption of fuel by 16% and cut emissions by an impressive 50%. The engine would rise to become the industry’s most rated engine and today, more than 14 airlines and 70 aircraft employ the GTF.
More about Louis Chenevert
In the works for a while – interesting read: https://t.co/ZIU8n9b9Qa
— Louis Chenevert (@louis_chenevert) June 11, 2018
He is a native of Montréal, Québec, where he was born back in 1958. Now retired he spends his time designing and testing yachts and also serves as an exclusive adviser at Goldman Sachs. He has pioneered the designing and construction of three yachts.