Louis R. Chênevert and the United Technologies Corporation

Former United Technologies Corporation CEO, Louis Chênevert, has seen tremendous success in his years as a leading businessman. With the words “tremendous success” perhaps being an understatement, it is no surprise his expertise has earned him nearly 200 million dollars of wealth. What he has accomplished throughout his career, specifically at his time as CEO of United Technologies Corporation, has left the rest of the world wondering how we can make the world a better place, just like he helped in doing.

Wondering why investing in the future has not begun yet, also, figuring out how to invest in the future now, is the task that Louis Chênevert has left the rest of us to try to accomplish. To expand more on how that goal can be accomplished, we will take a closer look at the work and life of Louis Chênevert, as well as the company United Technologies Corporation, whose goal is to achieve a better future.

The Early Life & Career of Louis R. Chênevert
Growing up in Quebec, it was clear that Louis had a passion for business. Without spending too much time on his academic career, knowing that it prepared him well for his professional career, he would go on to earn a bachelor of commerce degree in production management from HEC Montréal. With this academic knowledge, Louis later earned numerous awards professionally including 2060 FDNY Fire Commissioner’s Humanitarian Award, the 2010 Pace Award for Leadership in Business Ethics, and an Honor Award in 2009.

Other achievements include being elected president of Pratt & Whitney in 1999, becoming United Technologies Corporation’s President and Chief Operating Officer in March of 2006, and of course, his time dedicated to UTC, where he would have his most profound success.

Why Investing in the Future Should Begins Now 
We can go on for a long time discussing what great things Louis has done at UTC, but instead, let’s go over what he meant for UTC with the legacy he left there. In the article on UTC, current UTC CEO Gregory Hayes states that as a CEO, the goal is to invest and innovate in the people of the company and those working along side it. In addition to that, as the leader of a company as great as UTC, another is to ignore keeping an eye on short term success but instead, always do so with an eye toward the long term success. Simply put, invest in the future now to be rewarded later, and that has always been the goal at UTC.

This is what Louis established while he was CEO. Louis established a mindset of helping the future leaders that will eventually lead the United States. As CEO, Louis’s job was to leave the company better than they found it. What better way to do that than to help those now, that will help you later. If numbers are needed to prove a point that future investment is the goal over at UTC, how about the fact that they have invested in over $1 billion dollars into employees that have earned over 39,000 degrees since 1996. With success like this, there is no telling how far UTC can go, thanks to the help of business genuis Louis R. Chênevert.

Expert Vincent Parascandola, the Trusted Financial Expert

Vincent Parascandola works as the Senior Executive Vice President of AXA Advisors in New York with over 25 years of experience. He is responsible for managing development, productivity, retention, recruiting, training new financial professionals and managing sales in the company. He graduated with a degree in Bachelor of Science from Pace University. You can visit his Vimeo account to see more.

 

Parascandola’s career journey started with him becoming an agent at Prudential in 1987 where he was branded the National Rookie of the year. In 1990 he joined MONY Life Insurance where he managed a vast array of field positions in both local and regional levels and joined AXA. He served as a chief sales officer and president of the Continental Division and president of the Northern Division of AXA Equitable. He assumed his current role in 2014. He also worked as a system analyst at Irving Trust Company. Check out Rocket Reach to know more.

 

Vincent Parascandola worked as a president of the Advantage Group, a subsidiary of AXA whose primary role was attracting financial professionals. He was a co-manager of the Company in its New York Metro branch with 400 financial professionals. Vincent has won many awards because of his leadership, for example, he won at the GAMA’s Career Development and Master Agency Awards. Moreover, he is a motivational speaker and has made a speech in many well-known events such as LIMRA’s conferences and GAMA’s national meetings.

 

In 2004 is when he joined AXA Advisors, a dealer and retail distribution channel for AXA Equitable Life Insurance Company. AXA advisors work with about 6,000 financial professionals. The dealer company provides products and ways for financial protection to the clients. Also, the company advises on investments, retirement, estate planning, business ideas and asset allocation helping their customers utilize finances appropriately. AXA Equitable Company works to provide financial protection strategies and wealth managements for their clients through their dealers such as AXA Advisors.

 

Vincent Parascandola is in charge of the advisors driving success at the AXA group. With his leadership skills, the company has experienced positive results. He is passionate about guiding clients on planning their finances for their future success.