Louis Chenevert is a successful Canadian businessman. He went to HEC Montréal were obtained his degree. In nineteen ninety-nine, Louis Chenevert was elected Pratt and Whitney’s president, previously working for General Motors for fourteen years. In two thousand and six, Louis Chenevert, again was elected CEO of United Technologies Corporation. Louis Chenevert has also had been an adviser to Goldman Sachs in the industrial and aerospace sectors. Louis Chenevert has truly had a successful and diverse career and has put his skills and knowledge to good use for those companies. (See: frenchtribune.com/teneur/25552-innovative-deals-and-inspired-leadership-characterize-louis-chenevert)
When most people thing of America’s industrial sector, they often think of the aging rusted rail line. They think the industrial sector has gone the way of the locomotive. There are some manufacturers that are still around despite Washington, D.C. regulations, and the indifference of pop culture. One of them is United Technologies Corporation, based in Hartford, Connecticut. This massive of a conglomerate is valued at sixty-three billion dollars. Impressive for a rust bucket of a sector, right? Visit This Page to learn more.
The main markets for United Technologies Corporation are in the aerospace and building supplies. The company makes everything from helicopters and jet engines to air conditioners and elevators. Despite the high taxes in Connecticut, Louis Chenevert was able to contribute greatly to the economy. In part, was able to continue the company’s seventy years of paying dividends. The company has also out performed many companies listed on the stock exchange. Find out more about him on yachtingmagazine.
Louis Chenevert’s time at United Technologies Corporation was no always easy. The company had to withstand the worst economic crisis in many years, the two thousand and eight great recession. Through the tenure of Louis Chenevert he saw the stock price rise from the low of thirty-seven dollars to one hundred seventeen. This was done by his hard work of spearheading a companywide reorganization. He was able to streamline services, for example combining elevator, escalator, and air conditioning product and services to provide a comprehensive service to builders. In addition, he did what other companies weren’t. He didn’t outsource work. In fact, he actually brought many engineering jobs back to America.