Louis Chênevert was elected Pratt & Whitney’s president in the year 1999 after having worked for a total of six years at Pratt & Whitney Canada. In March 2006, after seven years Chênevert was promoted to be the Chairman and Chief Executive Officer of UTC. Chênevert worked at General Motors for 14 years before he started working at Pratt & Whitney. He resigned from his position as Chief Executive Officer of UTC on December 8th, 2014, and Edward Kangas took over his position.
Chênevert became Exclusive Advisor in the famous Goldman Sachs Merchant Banking Division in September 2015.He mainly wanted to seek out opportunities in the industrial and aerospace sectors and also offer advice to other enterprises. Louis Chênevert led UTC to be able to come up with ways of bringing together the interests of customers, stakeholders, and shareholders in such a way that has made it successful.Chênevert’s main impressive role in the company’s history is the fact that he had managed the company to remain the leader in the innovation market.
Chênevert’s work has been remarkably successful since he left General Motors in 1993 for the UTC-owned Pratt & Whitney engine business. At one point Chênevert decided to relocate hundreds of engineers in the aerospace sector from a lower-cost community back into Connecticut with the aim of making it possible for United Technologies Corporation to have plenty of room for applying the necessary skills.
About Louis R. Chênevert
Chênevert is currently a member of the Executive Committees of the Business Roundtable. He is in charge of chairing the Tax and Fiscal Policy Committee. He is also a member of the United States -India CEO Forum. Louis also serves a role on the Board of Directors for Cargill and the well-known Congressional Medal of Honor Foundation. Chênevert is also the Chairman of the popular Yale Cancer Center’s Advisory Board. Louis Chênevert was inducted as a Fellow of the American Institute of Aeronautics and Astronautics (AIAA) in the year 2005.
Chênevert has a bachelor of commerce degree in production management which he attained from the Université de Montréal. He also serves as a Chairman of HEC Montreal’s International Advisory Board. Louis Chênevert has the reputation of being a strong thinker who is well conversant with the nuances and challenges that often arise in global businesses.