Louis believed that employees are capable of taking a firm to the next level. He thought it wise to invest in them so that they can have the qualifications to continue being assets. United Technologies Corporation in the United States only spent over one billion dollars to pay for its employees’ education. Over the years more than forty thousand employees have acquired a degree of their choice courtesy of the organization.
Mr. Chenevert joined UTC when he started at the Pratt & Whitney business unit. He became the president of the Pratt & Whitney division and later was appointed the CEO of UTC. Under Louis’ management, the company has accomplished so many big things including but not limited to the acquisition of Goodrich. He also passed his ability to pick projects that have a strong positive influence to the current CEO, Gregory Hayes. Both of them invest highly in companies that have top-notch technologies.
Under Mr. Chenevert, Pratt & Whitney won the contract to manufacture an alternative engine for the US Air Force. UTC also assembles some of the powerful jet engines, and its Sikorsky unit is US most significant manufacturer of helicopters.
Over the year Louis has received several different recognitions. He was named the person of the year 2011 by the U.S. aviation trade magazine and got the Honor Award from the National Building Museum in 2009. Before joining UTC, Mr. Chenevert was the production general manager of General Motors’ St. Therese operation. Louis attended the Université de Montréal and attained a Bachelor of Commerce in production management. Louis is currently on the Advisory Board at the same university.