Louis Chenevert was born in Canada, and as the former CEO and Chairman for United Technologies Corporation (UTC), he has accomplished plenty during his lifetime. He earned his Bachelor’s of Commerce Degree in Production Management while studying at HEC Montréal, which is an affiliated business school with the University of Montreal. He also received an Honorary Doctorate Degree from HEC Montréal and another from Concordia University. He serves HEC Montreal’s International Advisory Board as a Chairman and is a Chairman of the Board as well as Founding Director for the Friends of HEC. In 2008, he became the CEO for UTC, and in 2010, he became the company’s Chairman.
Before working with UTC, Louis Chenevert began his career with General Motors where he eventually became the Production General Manager of the company’s operation in St. Therese. After working with General Motors for 14 years, he moved on to join forces with Pratt & Whitney. Between 2015 and 2017, he served Goldman Sachs Merchant Banking Division as a Senior Industry Advisor. He currently works with Cargill, Inc. as a member of its Board of Directors.
Louis Chenevert is a true entrepreneur, and he has learned a lot over the course of his life related to how to make a business work. He has talked about the fact that if he could start over again, he would keep a closer watch on how the internal politics in his company’s have been destructive. Instead of becoming involved in them, he would learn who was who and would never put up with people who weren’t healthy for his team. He calls these people energy drainers, and has commented that he believes that these people can make or break a company.
Louis Chenevert has also revealed that when you have the right team, you can overcome any obstacle in your way. The number one strategy he has used to grow any business he is involved with has been to stay focused and eliminate roadblocks as quick as possible. He believes that dealing with problems immediately as they come up is the only way to keep a company on course.