How Louis Chenevert Raised the Share Value of UTC By 200 Percent

United Technology Corporation is a company that produces solutions for all types of technological needs, such as solutions for refrigeration, air conditioning, flight technology, and more. Since their work is so vital, they need someone with superb business skills to manage their company. They found exactly that with Louis Chenevert. Once he joined United Technology Corporation, it has jumped to a new level of success that nobody previously thought was attainable. Under his leadership, focus, and management, the price of a share of United Technology Corporation rose almost two hundred percent, which is how United Technology Corporation became one of the most profitable companies in their field.

Louis Chenevert had the foresight to know that acquiring Goodrich would be a good idea. His leadership and management skills helped get the deal through, and United Technology Corporation purchased Goodrich for over sixteen billion dollars. This resulted in United Technology Corporation becoming an entire new type of company that produces its own products and is a leader in its field.

Louis Chenevert understands the importance of new and innovative solutions and the role they play in the tech industry. This applies not just to techniques and inventions, but to people as well. For example, Chenevert understood that a certain group of engineers was not fulfilling its potential, simply because they were not in the right place. He transferred them to another location, where their skills were needed and where they could be a lot more productive.

Louis Chenevert is a well known Canadian businessman. He was the chairman and the CEO of United Technology Corporation. He was the president of the Canadian branch of Pratt & Whitney before that. He studied at HEC Montreal, where he received his bachelor’s degree in production management. HEC Montreal is a business school that is affiliated with the University of Montreal. Before working with Pratt and Whitney and United Technology Corporation, he worked with General Motors for fourteen years. He was also the Vice Chairman of The Business Council. Chenevert stepped down from UTC in 2014. He currently serves as an Exclusive Advisor to Goldman Sachs in their merchant banking division. He got the Honor Award from the National Building Museum.

Leave a Reply

Your email address will not be published. Required fields are marked *