Louis Chenevert undoubtedly changed the course of United Technologies Corporation, helping to create the sustained powerhouse that it is today. In order to understand the role that he played, one must look to his past. After graduating from HEC Montreal, the business school belonging to the University of Montreal, Louis Chenevert spent fourteen years working for General Motors, helping to keep the company flourishing, while also creating an impeccable reputation for himself. He later moved on to Pratt & Whitney Canada, where after only six years, he became the President of the corporation.
During his time with Pratt & Whitney, he would continue to display his uncanny business sense and leadership abilities, and in 2006, became the head of United Technologies Corporation. Mr. Chenevert’s relationship with Pratt & Whitney played an integral role in his success with United Technologies Corporation, due to his foresight regarding a developing geared turbofan engine that was still in the early stages of development. Mr. Chenevert’s decision to continue the research and development of this innovative geared turbofan engine would effectively create a marriage between United Technologies Corporation and Pratt & Whitney.
Today, the geared turbofan engine, which cut emissions, as well as fuel consumption by an incredible margin, is utilized by 14 airlines and in 70 aircraft. The demand for this innovative engine helped to create jobs throughout the U.S. as Pratt & Whitney currently operates in a number of states, including New York, Connecticut, Georgia, Florida, Michigan, and Maine, with intentions on increasing exponentially over the next three years.
Although Mr. Chenevert constantly placed emphasis on remaining innovative, always seeking the newest technologies, he was just as dedicated to the people that worked for him, implementing an educational program that allowed his employees to garner degrees of their choosing at the expense of United Technologies Corporation. While Louis Chenevert has since moved on from United Technologies Corporation, his legacy will remain present, as current Chief Executive Officer, Gregory Hayes, continues to incorporate many of the ideas founded by Louis Chenevert to create a culture of winning.