Louis Chenevert- Former CEO at UTC
Louis Chenevert is a business executive who has set the best leadership record at United Technologies Corporation. He served as the CEO of this company for over half a decade and brought unprecedented changes in the company. It is through his leadership that this company managed to rise to the top of the American corporate sector. As one of the companies that are making the highest returns in the world, it needs a leadership team that is committed to the growth of the company. This is not a position that can be taken by someone who has no track record or the willingness to deliver. For a company that is recording billions of dollars in returns every year, the senior leadership needs to be well experienced to handle the operations of large scale nature.
Louis Chenevert joined UTC at a time when the company was in dire need of a leader who could set the foundation for long term growth. The world economic situation was in turmoil due to the financial recession of 2008, but he still went ahead to do magical work. He ensured that despite the depressing economic conditions, this business was still making sufficient proceeds. He had the requisite knowledge to lead the company through the tough economic phase. He accomplished his goal of ensuring that the company performed well until 2014 when he left.
Although Louis Chenevert became CEO in 2006, he had been with the company since 1993. He had worked with Pratt & Whitney, one of the businesses that make up UTC. It is through P&W that he managed to accomplish a lot. He changed the way things were done in this company by making the production work more efficient. He reduced the production time for a jet engine from two years to nine months. He was also behind a series of other achievements that saw the company lay a strong foundation that will move the company to a new level of growth.
Louis Chenevert is now working as an advisor with the Goldman Sachs. His experience makes him one of the successful leaders in business who can show others the right direction.