Louis Chênevert is a firm believer in technology. As the previous leader of the United Technologies Corporation he invested in the technology of the future. The GTF engine was a $10 billion investment but became the star of the show. Many of Pratt & Whitney’s products have a UTC logo and Louis Chênevert has guided the company since 1993. He has a lot of pride in the products the company has both with and without the UTC logo. When the American economy was at its lowest point in 2006, in his position of CEO Louis Chênevert was responsible for leading the company into significant achievements.
UTC was built because of Louis Chênevert’s leadership skills. Their Sikorsky unit has more jet engines than any other company in the United States. Their air conditioning, heating, and refrigeration dominate the market. Actuators, sensors, flight controls, brakes, landing gear, and so much more is produced by their Aerospace Systems unit. The GTF engine was a major breakthrough in the field of aviation. The fuel efficiency is 75 percent below any other current engine and it reduces emissions by half. This is why this engine received the praise of Louis Chênevert during his time at UTC.
Louis R. Chênevert is a businessman who has served as the CEO of UTC and the President of Pratt & Whitney. His birthplace is Quebec, Canada and he earned a production management degree at an affiliate of the Business School of the University of Montreal called HEC Montréal. He began his executive career with UTC in 2006 with the experience he earned at Pratt & Whitney and his fourteen years with General Motors. In 2011 and 2012 Louis R. Chênevert was with the Executive Committee of The Business Council as their Vice Chairman.
In 2015, Louis R. Chênevert began his work with Goldman Sachs in Merchant banking and specialized in the opportunities found in the sectors of industry and aerospace. His knowledge allowed him to give on target advice to other businesses. He has enjoyed a long career of esteemed work and his knowledge of technology and its representation for the future is invaluable.