UTC is recognized globally because of the outstanding business skills of former chief executive officer (CEO) Louis Chenevert. Louis Chenevert is a well-established entrepreneur who has had many business successes under his name; he helped United Technologies Corporation (UTC) when he became the CEO and recognized there was a need to merge and invest in promising companies.
Before becoming the CEO at UTC, Louis had worked for an aircraft engine company and had recognized the potential in the business.
He decided to amalgamate the aircraft engine company with UTC, and this became a great achievement and helped to put UTC on the global face.
Louis was born in 1958 in Quebec, Canada, he later took up a course in production management. This contributed to his accomplishments in the business world. Louis Chenevert has excellent leadership skills that have helped in his success. He is recognized as a disciplined leader and a good team leader.
After joining UTC, Louis recognized that one way he would succeed was by supporting his employees. He encouraged his employees to enroll for employee’s scholar program. The workers were given the opportunity to take a degree in any field they wanted, and the good thing was that the company catered for the school bills.
Helping his employees to improve and attain a degree was a great way of giving back to the community. However, it was not the only way he improved the livelihoods of people around. Louis also created employment for about 25 000 people in the United States, and this too helped improve the economy as well as improving the living standards.
Louis also made global investments, and this has helped the company to remain at the top. He is said to be one of the most proficient and dependable CEO.
He has received many awards due to his outstanding entrepreneurial skills, but one of the exceptional honors he received was “person of the year.” He received the award from Aviation week and space technology an Aviation trade magazine.
Currently, Louis works as the exclusive advisor to Goldman Sach’s Merchant Banking Division. His responsibility is not only advice the company but also identify opportunities in the manufacturing and aerospace sectors.