Success Journey of Louis Chenevert

Louis Chenevert has broad experience which started at General Motors working on production management, later he worked as Chief Executive of the(UTC) United Technologies and finally at Goldman Sachs as an advisor. Where you begin in life is not a big issue, what matters is the end. Louis Chenevert was able to achieve a lot in the world of business as an entrepreneur. It is because he knew what he required and had to put more efforts towards achieving the goals. Louis Chenevert worked at General Motors for 14 years, and in 1993, he shifted to (PWC) Pratty & Whitney Canada.

PWC was a manufacturer of the aircraft engine which is located in Canada, not far from Montreal, it is a branch of the big Pratty and Whitney (P&W) company that is found in the United States. Pratty & Whitney is a business unit by its own operating under the ( UTC) United Technologies Corporation. The goals of PWC and P&W were entirely different, and as a result, they separated. Louis Chenevert worked with the Pratty & Whitney Canada, which aimed at making smaller aircraft engines. The mission of P&W was majored in manufacturing and developing bigger engines. Later, Louis joined P&W to replace the executive deputy president who was retiring.

Three years later Louis became the President of P&W. He worked hard to make the company more profitable, and he managed to achieve the similar financial objectives as those he achieved at PWC, and some impacts would be felt at the parent company UTC. At the time when the market started to go down rapidly, Louis Chenevert performed several advancements to P&W to protect them from incurring the losses that a lot of companies were experiencing. UTC hired Louis Chenevert after realizing how profitable he was at the branch company. He joined UCT, and in 2006 Louis became the chairman of the corporation. Chenevert also worked as a director in UTC. During his time at UTC, he believed that there was a need for the UTC to invest in the GTF. Louis Chenevert knew that he would bring revolution to the aviation industry.

https://www.bloomberg.com/photo/united-technologies-corp-ceo-louis-chenevert-/104967.html

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