Exploring Louis Chênevert’s Accomplishments

Louis Chênevert is a successful business professional who was born in Quebec and went to HEC Montreal, where he received his bachelor of commerce degree in production management. He also served at the UTC’s President and Chief Operating Officer beginning in March 2006. His commitment and effort that he put through when he was working at Pratt & Whitney for six years led to him being chosen as the president of Pratt & Whitney in the year 1996.

Chênevert has held many prestigious positions. Previously, he worked at General Motors for 14 years. Furthermore, at The Business Council, he also worked as the Vice Chairman of the Executive Committee between the year 2011 and 2012. Currently, he serves at Goldman Sachs as an Advisor in the Merchant Banking Division, whereby his main role is to search for opportunities in the aerospace industry, as well as guiding other businesses to be successful.

When he was the CEO of United Technologies, Chênevert was awarded the Honor Award from the National Building Museum. He was also recognized by the United States aviation trade magazine Aviation Week & Space Technology.

CEOs are leave a company stronger than they found it. In order to achieve these goals, they should carry on investing in creativity. They cannot only rely on short-term planning, but have their eyes on the long-term as well. The Pratt & Whitney Geared Turbofan engine is an example whereby the organization when they showed that through the investment of their engines of over 20 years and $10 billion to create and establish a jet engine which transformed the sector, they were able to decrease fuel burn by 16%, noise footprint by 75 % and lastly emissions by 50 %, Hence they are currently having them flown by 14 airlines on 72 aircraft.