One look at the resume of Louis Chenevert and it becomes obvious that the Canadian businessman has had an impressive career. Mr. Chenevert has climbed from being production manager at General Motors to the chief executive officer of United Technologies to performing in an advisory role for Goldman Sachs.
The success of Louis Chenevert is a perfect example of the philosophy that the place you start in life is not nearly as important as where you end.
Chenevert is a native of Montreal, Quebec and was born in 1958. As a child, Chenevert displayed an interest in business-related matters and learned that success would surely follow when hard work was completed.
Louis Chenevert went on to attend business school at the University of Montreal with a major in product management. This major prepared him to oversee the productions of goods at a company and assure that these goods are produced with the highest quality possible while controlling the cost to make these goods.
Chenevert began his work career working for General Motors in St. Therese, Quebec. His first job with the company was in a supervisory position on the company’s assembly line in Montreal.
Louis Chenevert worked for General Motors for 14 years before deciding it was time for a change. A co-worker of Chenevert with General Motors, Karl Krapek, urged him to take a look at the aerospace industry. Krapek would go on to join the aerospace industry himself and worked as president and COO of UTC from 1999 until his retirement in 2002.
Chenevert’s foray into the aerospace industry began in 1993 when he took a job with Pratt & Whitney Canada. PWC Canada manufactures aircraft engines and is part of the larger Pratt & Whitney organization that is headquartered in the United States.
Chenevert was able to cut production cost for PWC by ten percent in less than a year and in 1996 made a move to the larger P&W. It took three years for him to be named the president of P&W.
The upward climb for Chenevert continued and in 2006 he was named the chairman of United Technologies Corporation. Two years after joining the company that many consider being the tops in the industry Louis Chenevert progressed to being the President and CEO of the UTC.
Chenevert made the decision to retire in 2014 but keeps himself busy through a number of endeavors.