The Ultimate Business Acumen: Louis Chenevert

For almost thirty years, Louis Chenevert has been one of the most remarkable businessmen. Success for Chenevert took years of hard work. He possesses a remarkable business acumen that began with Pratt and Whitney. It continued to manifest itself with his presidency at United Technology Corporation. Now he is an Exclusive Advisor for the Merchant Division of Goldman Sachs. He finds the latest opportunities for the company in the areas of aerospace and the industrial sector. He advises other companies in those industries as well.

Louis Chenevert worked at General Motors in Canada for over a decade before he moved to join Pratt and Whitney. After only six years with the company, he became President. After a few years of being President at Pratt and Whitney, he moved to his biggest challenge when he was elected President of United Technology Corporation in 2006. This is where he has made the biggest influence.

For eight years, Louis Chenevert was President and CEO of United Technology Corporation. He did a few crucial things to help UTC get off the ground and into the world market. The first thing he did was seal a deal with Goodrich after a year of negotiations. Secondly, he steered UTC in the direction of its strengths. Those strengths were aeronautics and working in the industrial sector to make it more competitive. The final thing he did was invest in the workers at UTC. He helped many of his workers go to college to get their degrees in their respective fields. More than forty thousand workers have taken advantage of the program offered by Chenevert. This is probably the greatest legacy that Chenevert has left since he stepped down from UTC in 2014.

After short years at UTC, Louis Chenevert left behind a company that can compete with anyone on the world stage. He did the right things tat the right time in order to catapult UTC to the worldwide force it has become. Following UTC, he joined Goldman Sachs. He is now retired and spends his time with his family and on his passions.

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