No one can quite compare to the level of success that Louis Chenevert achieved with his time at United Technologies Corporation. With grace, perseverance, and a good head on his shoulders the Canadian businessman grew UTC to unbelievable heights of success. Recently Louis Chenevert sat for an insightful interview with Ideamensch to discuss his legacy at United Technologies Corporation and how he operates in his daily life.
Louis Chenevert was born in the beautiful country of Canada in 1958. He attended college at an affiliated business school of the University of Montreal called HEC Montreal. There he received a Bachelor of Arts in Production Management, a very fitting degree for his career path. He has worked for some major companies including General Motors as General Production Manager for about 14 solid years. He now works for Goldman Sachs Merchant Banking since 2015. As Senior Industry Advisor Mr. Chenevert strives for excellence every day.
In each career role Louis impresses the companies he works for, but none compares to United Technologies Corporation. This incredible company is a conglomerate or companies one of them focusing on the manufacturing of jet engines, aircraft parts, and much more. In his time there Louis Chenevert redefine their GTF engine by investing in the most up to date and advanced technology. They were able to reduce the jet engine noise by 50 percent and cut down fuel costs by 20 percent. On top of that they were able to cut airplane parts by a whopping 30 percent which means it would reduce the how much it costs to maintain it during its lifetime. Louis Chenevert was able to obtain Goodrich Aerospace for United Technologies Corporation for a cool $18 billion dollars, making it the largest acquisition in history. Also UTC and Mr. Chenevert changed the F135 engine tremendously making it a very important factor for the United States military.
A very important factor that Louis says is crucial to success it gathering the right team with the talent to achieve such incredible goals. He stays very focused on each goals until it reaches completion. This takes lots of enthusiasm, hard work, follow up, time, and passion to get there.