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Former CEO Louis Chenevert

Louis Chenevert is a successful Canadian businessman and a graduate of HEC Montréal. In nineteen ninety-nine, he was made Pratt and Whitney’s president, prior to that working for General Motors for fourteen years. In March of two thousand and six he was to be again honored with the position of CEO of United Technologies Corporation. He has even had a service working as adviser to Goldman Sachs in the industrial and aerospace sectors. He has had a highly successful career and has shown his skills to be above average in his field. (More: yachtingmagazine.com/louis-chenevert-horizon-yachts-P105-design.)

 

Many people today believe that the American industrial sector is a thing of the past. Something that has gone the way of the locomotive. However, a few manufactures have been able to exist and thrive still. United Technologies Corporation is one of them. Despite the indifference of pop culture and the crazy regulation of D.C. it still thrives. United Technologies Corporation is worth around sixty-three billion dollars and is found in Hartford, Connecticut. It has been able to thrive in Hartford despite its high taxation and has become a leader in the aerospace and the building industry. It does so even paying attention to environmental concerns and without paying low wages. United Technologies Corporation makes everything from elevators to helicopters. It is a remarkable thing that Louis Chenevert was able to make twice the returns as those on the stock market, even in Hartford. He has also helped to contribute to the seventy-year history of paying dividends. Visit This Page for additional information.

 

Things weren’t all smooth sailing for Louis Chenevert. He and United Technologies Corporation were hit with one of the worst economic disasters, the two thousand and eight great recession. Louis Chenevert, thrived in the challenge and so did the company. His tenure saw the stock price go from a modest thirty-seven dollars to one hundred seventeen per share. Chenevert,  also reorganized and streamlined the business. For example, he grouped the elevators, escalators, and air conditioning departments and packed the comprehensive serves to builders. He also did what few other companies were doing at the time, he brought jobs back to America rather than outsourcing.

 

See Also: https://affiliatedork.com/how-former-ceo-louis-chenevert-helped-utc-become-a-global-force

 

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Louis Chenevert Is Proud Of His Leadership Impact

Louis Chenevert believes in his creativity as a leader and has made it a habit to instill this in his team members. Chenevert took over as CEO of United Technologies Corporation and immediately made his presence felt by providing a platform for innovative minds to express their views. Louis was able to make a direct impact on the culture at UTC. He instilled the confidence needed in its engineers to follow their ideas and see them through until completion. Chenevert prided himself on creating a company that everyone would love to say they were a part of. UTC went on to be a leader in its industry under Louis Chenevert’s tenure. The company is dedicated to making a positive impact on the US economy by creating jobs for American citizens.

 

Technology will always change with the times. Industry personnel must be able to adjust to the demands of consumers who thoroughly understand what they are spending their money on. Louis proved that he was serious about UTC’s future by committing to hire 25000 employees over a 3 years span. It showed that the company meant what it said about investing in creativity.

 

The main organization is obligated to inspire the brand affiliates that it operates with. Suppliers are very important and must be tended to as if they were a part of the original company. UTC invested in them so that they can provide a quality product. Chenevert demonstrated this by allocating 40 million dollars over a three-year period.  See This Page for related information.

 

 

Human beings are the creators of all technology and should never be overlooked in the process of business. Louis and his team at United Technologies Corporation continue to show their support for their innovators. The company implemented a program that allows its team members to study for a college degree in the field of their choice. The company pays full tuition regardless of the specialty.

 

Louis Chenevert is originally from Quebec Canada. He received his education at HEC Montreal which is an affiliate of the University of Montreal. After obtaining his bachelor’s degree Chenevert went on to a successful business career. He spent 14 years at General Motors before moving to Pratt & Whitney. After Pratt & Whitney Louis became CEO of United Technologies Corporation. He would resign from his position as CEO of UTC in 2014.

 

Follow Chenevert on Twitter.com.

 

Related: http://frenchtribune.com/teneur/25552-innovative-deals-and-inspired-leadership-characterize-louis-chenevert