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.

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