Louis Chenevert was born in the year 1958 in Canada. He schooled at universite de montreal where he did Bachelor of Commerce and specialized in production management. He has also received two honorary degrees. In 2011, he got one from HEC Montreal and in 2014, he got another from Concordia University. He is the CEO and a chairperson of a company called United Technologies Corporation. In 2008, he became the president and the chief executive officer and two years later was promoted to be the chairman. Between 1999 to 2006, he worked as the president in Pratt and Whitney. Initially, he worked in General Motors St. Theresa where he was the production general manager. He worked there for 14 years. Currently, Louis Chenevert also is the chairman in Tax and Fiscal Policy Committee. Since 2011, he has also been serving in the board of directors in Cargill Inc. Among the many positions he is sitting on, he chairs the Yale Cancer Center’s Advisory Board.
Additionally, he is among the members of the US-India CEO forum. He served in the board of Congressional Medal Honor Foundation where in 2015, he was voted to be the co-chairman. In the same year, he became the Senior Advisor in Marchant Banking Division. While serving as the CEO, he was compensated money amounting to $22,032,175.
In 2018, he gave his view on how one can improve his/her businesses by investing in the current employees. Other people might be thinking of improving technology or bringing in the external stuff but he believes in the other way round. For the existing employees, an entrepreneur or a manager knows what they can and what they can’t handle. He said treating workers well contributes to success of a business like rewarding the hard workers, team building and creating a good working environment.
One strategy that he uses in growing the business is being focus and thinking openly which narrows down to thinking big. Be close to the winners. What makes him to be more productive is the ability to disregard the internal politics and using more of his time on pushing certain agendas.