Businessman and manufacturing expert Louis Chenevert is an individual worth noting when one considers the skills required for corporate leadership. From his initial time as a Production Manager at General Motors in Canada to his eventual position of President at Pratt and Whitney, Chenevert possessed the strengths required to improve and expand major corporations. The top figures at United Technologies Corporation noticed and Louis Chenevert became the massive conglomerate’s President and CEO.
A prime example of Chenevert’s leadership skills was his dedication to United Technologies Corporation during a more tumultuous time in the economy. Close to the end of the last decade, the United States experienced an economic recession and many manufacturing companies were severely impacted. However, Louis Chenevert insisted that United Technologies remain headquartered in Connecticut and that no corners were cut in regards to the treatment of employees. As a result, the conglomerate sailed through the recession and posted impressive returns.
Louis Chenevert has long shown a genuine interest in the care of the workers who keep United Technologies Corporation running. Under his guidance, the corporation continued to offer major financial contributions through the Employee Scholar Program. The program allows employees of UTC to pursue higher education in their respective fields with supplemental funding. As a result, over $1 billion has been dedicated by Chenevert and UTC to the cause, benefiting more than 40,000 global employees.
Aside from effectively leading a major corporation, Louis Chenevert also brought his deep experience in innovative manufacturing to his position at United Technologies. Chenevert was well-known for identifying long-term potential in a company project and inspiring others to see the same vision. Through this concerted effort, Chenevert allowed United Technologies to make leaps in aerospace advancements, including equipment for lucrative government contracts.
Louis Chenevert is now with Goldman Sachs as an Exclusive Advisor in its Merchant Banking Division. With decades of experience in aerospace technology, Chenevert now seeks out unique investment opportunities in the industry among other executive roles. His time at United Technologies Corporation has left a legacy within the company and throughout the market as a whole, displaying the resounding benefits of a strong leader with a forward-thinking business mindset.