Honoring Louis Chenevert
United Technologies Corporation and Louis Chenevert are a match made in heaven. Louis served as the former chief executive officer at UTC and helped pave the way to the company’s success. Louis was someone who loved his profession and received much recognition for his work. (See Louis Chenevert’s Business Successes Past, Present and Future)
Louis grew up in Canada and graduated from HEC in Quebec with a degree in product management. He knew what he wanted to do with his life from early on and went after his dreams. He has earned some impressive awards during his career including an honor award from the National Building Museum. In addition, he received an honorary doctorate from his former college, HEC.
Louis was the former president of Pratt & Whitney in 1999 before he moved on to United Technologies Corporation. He had major plans that he knew would change the way people viewed the industry. The geared turbofan engine had been recently introduced and Louis decided that United Technologies Corporation would do well to invest in it. About $10 million was collected as a result of his wise business choice.
What made the geared turbofan engine stand out was due to its extremely low consumption of fuel. This made the engine cost effective and lowered fuel consumption. Louis also wanted to invest in the employee who worked for him and helped come up with a way to go about that. The Employee Scholar Program is amazing as it provides current employees with the opportunity to advance their education. United Technologies Corporation paid for all of degrees, ensuring close to 40,000 employees received the degree of their choice.
Louis Chenevert has made major strides for UTC and has inspired many people to better themselves through education. He was named “Person of the Year” and was given an award from the well-known Aviation Week & Space Technologies magazine. Louis is greatly respected thanks to his wisdom in investing in the geared turbofan engine from the beginning, and for his commitment to his employees. All those who are interested in learning more about Louis Chenevert should take a look at published articles about his career. View Related Info Here