Louis Chenevert is the former CEO of the United Technologies Corporation. He was appointed to lead the company in 2008 and served up to 2014. The role of Louis Chenevert in the management of this company will be remembered for many years to come. His success with the firm exceeded that of any other CEO of the company. He took over the management at the height of the 2008 global economic crisis. While other companies were closing down due to losses, UTC was making very good profits because of Louis Chenevert leadership. As a product management professional, he knows how to install effective means of production that would lower the cost of production and improve the profits.
Louis Chenevert graduated from HEC Montreal University with a degree in production management. His first job was as a production manager for General Motors. He later switched his interests from auto industry to aerospace and joined UTC. His first stop would be at the Pratt & Whitney Canada branch. Here, he creates a production system that reduced production time of jet engines by over one year. Before he joined, it was taking almost two years to produce one engine, but after taking over, it came down to 9 months. This is so far the biggest achievement that has ever happened in this company which is under the management of UTC.
Due to the abilities, he displayed while in Canada, Pratt & Whitney, USA took him and made him the overall production manager in the company. He would later grow steadily until he became the president of the firm. It is while at P&W that he initiated the process of constructing the geared turbofan engine. Even before he could finish this project, he was appointed to lead the whole conglomerate in 2008. As the head of UTC, he was in charge of many other businesses which operated under the UTC umbrella.
His success in managing Pratt & Whitney proved that he had the potential to lead the whole company. This is exactly what happened; at the end of his term, there were clear results of the work he had done. The GTF jet engine was completed and was in use by commercial and military planes.