Louis Chenevert is a Canadian businessman who served as the President of Pratt & Whitney Canada, and was the Chairman as well as Chief Executive Officer of Untied Technologies Corporation. He attended the HEC Montreal, which is an affiliated Business School of the University of Montreal, and earned a bachelor’s degree in production management. Prior to joining Pratt & Whitney back in 1993, Louis Chenevert worked at General Motors for 14 years, serving as Production General Manager at the operation in St Therese.
Despite retiring from his position at United Technologies Corporation, his impact on the company is undeniable, having had a tight focus when it comes to investing in innovation. When it comes to discussing the legacy of the company, Chenevert name comes up, and the way his vision with the Pratt & Whitney geared turbofan engine ended up changing the future of UTC. Back when Chenevert worked at Pratt & Whitney, he recognized that the GTF engine was going to play an important role in the industry, and once he became Chief Executive Officer at UTC, he implemented his vision. His work with the company was significant for UTC, and the engine got investments of over $10 billion, and 2 decades went into its designing and development. Due to the fact that the engine reduces fuel consumption by 16% and emissions by 50%, it is now used by over 14 airlines on more than 70 aircrafts.
His willingness to invest in technologies drove the growth of United Technologies Corporation. His innovative thinking was in part responsible for making UTC a global company with investments all over the world. As a result of the foundation that he laid, UTC is expected to continue operating by investing in markets that offer competitive advantages. UTC nowadays is fostering a competitive business environment which is unparalleled in the industry. Chenevert was aware that a competitive business environment guarantees a vibrant economy as well as growth throughout the world. His vision when he was the president of UTC made the company become a driving force when it comes to supporting the economy and maintaining manufacturing jobs on U.S. soil.