Louis Chenevert: The Business Champion

Louis Chênevert is a Canadian businessman was born in Quebec. He was the Chairman and Chief Executive Officer of United Technologies Corporation and and earned a bachelor’s degree in production management from HEC Montréal. He also was elected president of Pratt & Whitney in 1999. In 2006, he was elected UTC’s President and Chief Operating Officer. he has spent 14 years at General Motors. In 2008, while was the CEO of United Technologies Corporation, he received an Honor Award from the National Building Museum and an honorary doctorate from HEC Montréal. Chênevert was named person of the year 2011 by aviation trade magazine. United Technologies Corporation is a U.S. manufacturing enterprise that has been able to foreign competition.The $63 billion industry is headquartered in Connecticut. It leads in aerospace technologies and building innovation. It observes Environmental well being and those of its workers too. It assembles jet engines in the world.It has the biggest elevator and escalator company. It has the biggest Helicopter production in U.S.A. UTC is a dominant provider of refrigeration and fire detection technologies,heating and air-conditioning. UTC has generated twice the shareholder returns during the ten. They have never missed dividend payment in 77 years. Lately,it raised its payout with 10%. To have these results Chênevert has not engaged in offshoring or outsourcing of production. United Technologies is focused on building technologies and aerospace. It has joined Otis with its climate and controls to offer commercial and infrastructure in the world.recently,it acquired Goodrich aerospace business. Goodrich,Hamilton Sundstrand unit and Pratt & Whitney engines offers a one-stop shopping for Bombardier and Embraer. It has also offered comprehensive solutions for builders of office towers and transportation hubs by combining Otis elevators and escalators with Carrier air conditioning. The former CEO Louis Chenevert helped UTC become a global force through innovative deals and inspired leadership.