Louis Chenevert’s Legacy Continues to Take UTC to New Heights

Louis R. Chenevert is known for being a Canadian businessman. He was born in 1958 and retired from being the Chief Executive Officer of UTC. Another role that he held was President of Pratt & Whitney Canada. Chenevert started his career after he received his bachelor of Commerce degree from HEC Montreal, the business school that is affiliated with the University of Montreal. In March of 2006, Chenevert was chosen to be the Chief Operating Officer and the President at UTC. In 1991 he was then elected to be the president of Pray & Whitney. This position was offered to him after he had been working with Pratt & Whitney for over six years. Before being offered this position he had worked 24 years at General Motors.
United Technologies is known for assembling the world’s most advanced jet engines for both military users and commercial. Their job does not stop there though. UTC is also known for operating the world’s biggest escalator and elevator company. Louis Chenevert was chosen to be the CEO of UTC during the subprime recession. During just this week UTC’s share price was able to raise from being $37 to $117. There is no doubt that Louis Chenevert took United Technologies Corporation to new heights.
In 2009 he was honored as being the recipient of the Honor Award from the National Building Museum. Then, in 2011, Chenevert was named as being Person of the Year in U.S. Aviation Trade Magazine. In 2015, Chenevert began serving as the Exclusive Advisor in the Merchant Banking Division. At this point, it is safe to say that Chenevert is one busy businessman.
See Chenevert speak here: