The Contributions of Louis Chenevert to the Success of UTC

Whenever there is a discussion about United Technologies Corporation’s (UTC) great achievements, the name Mr. Louis R. Chenevert has to pop up. Mr. Chenevert is a retired and remarkable former CEO of UTC who did a great job during his time. Mr. Louis R. Chenevert’s notable accomplishments after, during, and before his serving as the Chief Executive Officer of UTC are still fresh in the minds of people. He attended the University of Montreal’s affiliate Business School where he obtained his degree in production management.

This Canadian businessperson was born in 1957. Before his election in 2006 as the Chief Executive Officer of UTC, Mr. Louis R. Chenevert was the president of Whitney and Pratt Canada. He held the position of CEO at UTC from 2006 to 2014 before voluntarily stepping down. Mr. Louis R. Chenevert’s decision to step down as CEO is considered among the most inexplicable retirements of all times. Chenevert’s great work was appreciated by many people but came to an unexpected end when he willingly stepped down. Edward Kangas replaced Mr. Louis R. Chenevert.

Mr. Louis R. Chenevert’s Accomplishments as UTC President

The current CEO of UTC Gregory Hayes constantly reminds his workers that good leaders are those that leave their companies better than they found them. He urges his employees to imitate Mr. Louis R. Chenevert’s great work. One quality exhibited by Louis during his time as CEO was the ability to comprehend and put into practice great leadership. He was fully aware that UTC couldn’t perform well unless great investments were made in the employees. Louis successfully created a productive and reliable workforce by encouraging his workers to pursue learning through employee scholar leadership.

Mr. Louis R. Chenevert helped lay a great foundation for UTC. He ensured that there were strategically located and sufficient resources. Thanks to the efforts of Louis, United Technologies Corporation has become an international company with a broad range of investments in various economies. With the strong foundation laid by Mr. Louis R. Chenevert, UTC will confidently welcome the future as a company that can recognize various gaps in the market and instantly grasp them.