Louis Chenevert has led an amazing career where he has achieved plenty of what he set out to achieve. Through hard work and the kind of focus that gets things done the right way the first time he has helped to build every company he has taken part in up to be something better than it was before he became involved. He was born in Montreal, Québec and began to become interested in entrepreneurship and business from an early age. Chenevert studied at the HEC Montreal Business School at the University of Montreal and earned a degree in Production Management while there. After this, he made the choice to work with General Motors at St. Therese, Quebec, and years later the man who hired him said it was the best decision he has ever made.
Louis Chenevert decided to move on from General Motors after working for the company for 14 years. It was not that he was unhappy with what he was doing, it was more the fact that he was simply ready to do something different. He chose to work in the aerospace industry and joined forces with Pratt & Whitney in Canada. In 1996, he took over the duties of being the Executive Vice President for Operations, and he got to work immediately. Under his guidance the manufacturing costs of the company were cut by 10% in one calendar year. Within three months, he became the President of Pratt & Whitney and served the company for many years after before he decided to make another move.
Louis Chenevert decided to work for Pratt & Whitney’s parent company, United Technologies Corporation (UTC), and he got to work as the company’s Chairman. He eventually became UTC’s President and then its Chief Executive Officer. It was his decision to heavily invest in the Geared Turbo Fan Engine (GTF) that changed the course of the company. The engine revolutionized the industry by lowering fuel consumption as well as emissions and noise. On top of this, it took almost one third less parts to make the engine than it did before.