When starting out in the manufacturing industry, Louis Chenevert had no more than academic papers and an undying hunger for success. This manifested in his interests in business and entrepreneurship and would play a key role in helping him scale up the career ladder. While he started as an automobile industry operator, he would retire from a CEO’s position with the prestigious United Technologies Corporation (UTC).
Louis was born and raised in Montreal, Quebec, and would soon join Montreal University where he majored in Production management. Coming from a relatively humble background at a time when the region was undergoing explosive industrialization, Louis Chenevert developed key interests in entrepreneurship and business. More importantly, he understood the importance of hard work in both career and business success at an early age. These skills would come in handy in helping him scale up the career ladder in both the automobile and aerospace industries.
Bold career moves
Louis Chenevert started out as production assembly supervisor with General Motors plant in Quebec. His dedication to the success of the plant, commitment to the production of quality products, and a keen eye to details gained recognition from the company President, Guy Hachey.
While referring to Louis as one of the best executives to have ever worked under him, Hachey mentioned that the production lines leave no room for mistakes and Chenevert’s ensured that the company did not report defects. Hachey would also play a key role in encouraging Louis to transition from automobile to aerospace industries.
He would first take up a position with Pratt & Whitney Canada where he helped the plant cut down no operational costs by over 10 percent. Louis Chenevert was then named President of the struggling Pratt & Whitney. His innovative approach to factory processes and excellent staffing and organizational skills would, however, help the UTC subsidiary regain profitability.
Moving to United Technologies
Louis Chenevert’s contributions to PWC Canada and the United States saw him tapped for the Chairman’s position at United Technologies. At the time of his retirement from UTC, Louis served as the Corporations Chairman and Chief Executive Officer. He also helped the manufacturer make its biggest move yet, the mass production of Geared Turbofan (GTF) Engine. Today, Louis maintains an advisory post with Goldman Sachs merchant banking division.