Meet the Man Who Changed the Game of UTC: Louis Chenevert

Everyone loves a hero. Once you get to the top, everyone suddenly becomes interested in everything you do in your life. Nobody cares about someone with a magnificent plan as long as it is not evaluated. The great question is how do you get to the top? Well, no definite way has been established yet. However, with a little digging on the prominent investors, we could get something. One of these people is Louis Chenevert.

Louis Chenevert is the former Chief Executive Officer of the United Technologies Corporation (UTC). Well, the success he had in the firm may lead to the assumption that he has always held the senior positions in his career. This is far from the truth. After acquiring his Production Management in HEC Montreal, he was fortunate to secure a job with the General Motors. At first, he was a normal employee, but with time he climbed his ladder and became the overseer of the entire production unit of the firm. He worked in General Motors for more than a decade.

In 1993, he began working for the Pratt & Whitney. This was a different field; the firm specialized in the manufacture of engines. While in the firm, as his norm is, he gave the best and was dedicated to improving the firm. His efforts bore fruits, and they did not go unnoticed. He was given the President position of the firm. These developments happened in less than a decade in the firm. He later climbed the ladder hire and was appointed as the CEO of UTC in 2006.

In the UTC Company, he changed the way the firm operated and took it to a whole new level. This was through the purchase of the GTF engine at $10 billion, the Goodrich at $16billion among other meaningful acquisitions.

Louis Chenevert says that he was able to make a difference in the firm through his relentless focus. He explains that when he decides to do something, he chooses the right team to do it and gives it all his energy. He emphasizes on the need to have a team that is aligned to the goals of the company because it is impossible to make progress with a team that is not cooperative.

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