Louis R. Chênevert: Spearheading the Eurospace industry

Louis Chênevert worked as a Chief Executive Officer for United Technologies Corporation for over 10 years. However, in November 2014 he decided to retire. He had worked in various posts in the company including; President, CEO, Chairman and Director. Prior to working with United Technologies Corporation, Louis Chênevert worked as the president of another company called Pratt & Whitney for close to five years. He also worked as a Production General Manager for General Motors for 14 years.

Louis Chênevert accepted to work in Goldman Sachs Merchant Banking Division as a Senior Industry Advisor. He has also worked with the forum of US and India CEO’s and he also serves in the Business Council. Since 2011, he has been serving in the Cargill Inc Board of Directors. He serves as the chairman of the foundation of Congressional Medal of Honor. In addition to this, he is also the chairman of the advisory board of Yale Cancer Center. In 2005, He became a fellow of an American body that deals with aeronautics and astronautics.

Louis Chênevert acquired a Bachelor of Commerce with a major in production management from the University of Montreal’s, HEC School. He was awarded by the University of Montreal with an Honorary Doctorate in 2011. He is the chairman of HEC Montreal International Advisory Board. He is also part of the Friends of HEC where he serves in the capacity of a chairman. In addition to this, he is also a founding director of the board.

Louis Chênevert participated in negotiations to acquire Goodrich Corporation in 2011 at a cost of over $18 billion, a move that has been regarded as his greatest achievements. The choice of getting Goodrich was prompted by the desire to expand their market, lower internal costs of production, and interact with the aircraft component manufacturer. Acquiring Goodrich transformed the company into an international giant, getting the power to dominate markets all over the world.

Louis Chênevert has had the time to pursue his interests now that he is retired. He is involved in the designing and engineering yachts. He has contributed greatly to the success of UTC through his leadership and intelligence, thereby, transforming the aerospace industry.

http://www.utc.com/News/News-Center/Pages/Louis-Chenevert-becomes-the-eighth-Chairman-of-United-Technologies.aspx