He is the former Chairman and Chief Executive Officer of United Technologies (UTC) Corporation. Back in 2008, Louis Chenevert also was President and Chief Executive Officer. Then in 2010, he took the Chairman position and stayed in that capacity until retirement in 2014. Louis Chenevert has had a long enduring career. One that spans over a 14 year cycle while also working with General Motors leading as the Production General Manager in the St. Therese operation within the organization. Louis Chenevert’s banking background comes from joining Goldman Sachs as the Senior Industry Advisor inside the Merchant Banking Department from 2015 to 2017. In addition to this role, Chenevert maintained membership with the Business Council and he US-India CEO Forum. While he served on the Board of Directors at Cargill Inc, he took on the impressive title, last year, as Chairman of the Congressional Medal of Honor Foundation.
Louis Chenevert explains that the concept for UTC came from several executives, small strategic teams and a desire to tackle customer needs and provide killer products that met a 30 year product cycle goal. Chenevert adds that those ideas became a reality when they focused on acquiring exceptional talent in operations and engineering. The goal was to have these individuals drive the concept of going far beyond a customer’s expectation and increase revenue with support staff. He states that they used tools, autonomy and funding to small teams and leadership to help change and strengthen products. It was highly important that all objectives where met.
Chenevert says the one trend that sticks out the most to him is the speed of technology. This has developed a list of opportunities for his organization far into the coming years. He goes on to mention his habit of productivity as an lone entrepreneur is not necessarily just one thing, but having a persistent follow up and sharp focus are some of the key things that have catapulted his success professionally. In the end, Louis Chenevert stresses to one should always surround themselves with winners and those who find issues early in the game.