Few people can say that they did everything they could when they had the opportunity. One man that fits the bill would have to be Louis Chenevert. This Canadian born business man raised himself from a production roll at General motors to become the most forward-thinking CEO for United Technologies, and now he is tackling the banking business as the Exclusive Advisor of Merchant Banking Division Goldman Sachs.
Most of Mr. Chenevert
‘s hard work and accolades came from his part as CEO of United Technologies. A Company that specializes in the manufacturing of elevators, escalators, and moving walkways. As well as Designing and building aircraft engines and gas turbines. His ability to build the company gave United Technologies the ability to position itself to acquire Goodrich for 16.3 billion. One of the largest acquisitions in United States history. Chenevert noted the acquisition of the employees will add an advantage to United Technologies commercial and government aircraft divisions.
Chenevert also peered into the future
and sees, like most CEOs the impending dangers of Climate change and moved product lines and research to include green options and fuel efficiency as a top priority.
Excellent understanding of resources is what separates good leaders from the great ones. And Mr. Chenevert is by far heads above the rest. He recalls one such opportunity to keep talented researchers by moving one department to the corporate office in Connecticut where the staff thrived under the new direction. Actions such as this point out the main reason of Louis Chenevert had skyrocketed the value of UT eighty dollars per share
in only eight short years.
His hard work and dedication has paid off while at United Technologies earning awards from the National Building museum in 2009. In 2011, he was a doctorate honoris causa by HEC Montreal. And his greatest honor came from the Aviation Week and Space Technology magazine as person of the year also in 2011.
Chenevert stepped down from his leadership role at UTC in 2014
, and began working in the merchant banking division of Goldman Sachs in 2015.