Louis Chenevert has become very famous in the business industry. He got his start in 1979 by obtaining a bachelors degree in Business Administration from HEC Montreal. He quickly rose through the ranks and became CEO of United Technologies Corporation and President of Pratt & Whitney.
The concept of his ideas date back to 1999 when he was President of Pratt & Whitney. Upon becoming CEO of United Technologies Corporation he invested $10 billion and changed the jet engine industry forever. The reduction in fuel consumption and emissions in the designs has made it very popular among airlines. This steams back to his high investment in making sure to hire the best people, while supporting the next generation.
Today, the work Louis Chenevert has done can still be seen. Pratt & Whitney currently outsources to many of its suppliers. There are plants located up and down the east coast from Florida to New York. This helps the company meet demand and maintain a high level of innovation in the output.
Louis Chenevert is a man with a vision for success. He came right of the gate with fresh ideas. His willingness to work with people and build up a company at every level made him a very successful CEO at United Technologies Corporation. By funding the next generation and continuing to create top of the line products, the future remains bright for United Technologies Corporation. The impact of Louis Chenevert had will never be forgotten.