Louis Chenevert has worked with a number of reputable entities throughout the course of his career, including a 14-year period with General Motors, but it was after his shift into the aerospace industry, that he solidified himself as one of the premier business minds in the world. The former Chairman and Chief Executive Officer of United Technologies Corporation consistently brought his ideas to life through his own signature brand of innovation, which included supporting the implementation of the latest tech, utilizing small teams, overdelivering for the client. Today, the tradition of excellence created championed by Louis Chenevert continues under the company’s current Chief Executive Officer, Gregory Hayes.
Seeking a career change, Louis Chenevert joined the aerospace company, Pratt & Whitney in 1993 after working as the Production General Manager at General Motors for a number of years. In just six years with Pratt & Whitney, Mr. Chenevert became the President of the company. While in this role, he would become familiar with a new geared turbofan engine that was under development at the time, viewing it as a potential game-changer for the future. By 2006, he’d become the Chief Executive Officer of United Technologies Corporation, and soon after, began diverting resources toward the completion of the geared turbofan engine. After more than two decades and a $10 billion investment from United Technologies Corporation, the GTF was complete. The new geared turbofan engine, which cut fuel emissions by 50 percent while utilizing 16 percent less fuel, quickly caught on throughout the industry and is now used in over 70 aircraft.
In growing United Technologies Corporation into an international force, Louis Chenevert also helped to create thousands of jobs in the United States. Today, there are manufacturing plants in places such as Georgia, New York, Florida, Maine, and Connecticut, and through outsourcing, involves virtually every state in the country. Despite his retirement, United Technologies Corporation plans to continue the expansion strategy implemented by Louis Chenevert, with the creation of 5,000 new job positions under development.