In order to complete a successful term as the Chief Executive Officer of any major corporation, there has to be an intense focus on the company’s future outlook, while also creating a culture in which positive results are consistently achieved on a short-term basis. The former Chief Executive Officer of United Technologies Corporation, Louis Chenevert, maintained this steadfast approach, creating a culture that thrived during his time with them, and one that continues to thrive, even in his absence. The success of United Technologies Corporation was completely by design, as Louis Chenevert had already established a winning culture during his time with Pratt & Whitney, well as during the fourteen years that he worked for General Motors.
Prior to entering the business world, Louis Chenevert attended HEC Montreal, where he garnered a bachelor of commerce degree with a concentration in production management. It was while he attended the business school of the University of Montreal that Mr. Chenevert developed the tools that would see him be one of the most successful businessmen of his generation, taking an existing company to heights that previously were not thought to be possible. Louis Chenevert would spend six years with Pratt & Whitney before he became the President of the entire corporation, and in 2006, he would be elected to the position of CEO for United Technologies Corporation.
Prior to leaving Pratt & Whitney, Mr. Chenevert gained knowledge of a budding engine technology that he felt would change the course of human history, altering the methods in which we travel. The engine technology would eventually be brought with him to United Technologies Corporation, and after significant time and investment, become the GTF engine; a plane engine that would cut emissions by fifty percent, while also utilizing significantly less fuel. Today, the GTF engine is one of the most prevalent in the world of air travel, operating in over fourteen airlines and seventy aircrafts. Since his departure, United Technologies Corporation continues to flourish under the guidance of, now CEO, Gregory Hayes, who has undoubtedly implemented many of the strategies created by his prominent predecessor.