Louis Chênevert milestones in his business career
Louis Chênevert is a Canadian-French citizen who is considered among the most remarkable businessman in the world. He was born in Montreal, Quebec where he was raised and schooled. He attained his degree in business administration in production management from HEC Montreal Business School of University of Montreal. In 2011, Louis Chênevert received his doctorate degree from HEC Montreal. He further received a doctorate honoris causa in 2017 from Concordia University.
Chênevert’s first job was with General Motors where he worked as general production manager. He worked with GM motors for close to 14 years before leaving and joining Pratt and Whitney Canada in 1993. In 1999, he was assigned the role of being the company’s president but before that he served as the company’s Vice-president of operations.
In 2006, he joined United Technologies Corporation and managed to serve as the CEO, President and Director of the company during his tenure. In 2011, he joined Cargill Inc. Board. He also served as the vice-chairman in the business council between 2011 and 2012. In 2013, Louis Chênevert was awarded the United Service Organization’s (USO) Distinguished Service Award. He officially stepped down from his role at UTC in 2014 and was replaced by current CEO Edward Kangas.
His time at UTC was marked by tremendous success which saw him turnaround the company’s fortune. His tenure was marked by considerable amount of investment in the company’s technological capacities and human resource training the Employee Scholar Program. His major success at UTC was the development of the Geared Turbofan which was seen as a great milestone in the company’s history and the aerospace industry. In 2015, Louis Chênevert took up a role with Goldman Sachs’s Merchant Banking Division that saw him deal with industrial and aerospace businesses.
Louis Chênevert is a member of several boards including United States Friends of HEC Montréal Foundation, HEC Montréal International Advisory Board and Yale Cancer Center Advisory Board.
He has been recognized for his excellent leadership in business. He received the Honor Award from the National Building Museum in 2009 and the Person of the Year award 2011 from U.S. aviation trade
magazine Aviation Week & Space Technology.