December 28, 2017 · Business Leaders

Greatness can come from even the humblest of origins. That has been proven by many individuals throughout history. However today we will focus on a single Canadian born businessman. Born in Quebec Montreal in 1958 Louis Chenevert’s parents likely had no idea that he would grow up to be an industry leader granted the title of “think tank”. His rise to captain of industry was not fate, as it was so much more difficult than that. The very first steps of his journey began at HEC Montreal. This university was not far from where he was born and offered a great opportunity for Chenevert to earn his Bachelor’s degree in business administration. After graduation Chenevert took an opportunity with General Electric. He worked his way upward through the corporation for the first decade of his career, ultimately lading the position of General Manufacturing Manager. While this role did provide Chenevert with an opportunity to put some of his skills to use, he believed he had so much more to offer. Read more about Louis Chenevert at Affiliate Dork.

Following that feeling lead him to take a position with Pratt & Whitney Canada in 1993. Only six years later he was named President of the company. This new position allowed Chenevert an opportunity to grow further as a professional and by 2006 he was ready for a new challenge. He was called on by the United Technologies Corporation. He began his stint with UTC as the acting President, Director and Chief financial officer. Later in 2008, he was also named the Chief operating officer as well.

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There were many impressive accomplishments by Chenevert during his time at UTC. For example, when he first began leading the company stock prices were only valued at $37 a share. By the time Chenevert was ready to leave the company they were valued at $117 a share. Although what most experts would argue is the most impressive part is how he managed to achieve this. Being based in Connecticut is not cheap, however, Louis Chenevert managed to drive growth for the company through a recession without relocating manufacturing overseas. He also ensured that the company paid employees fair wages and avoided laying off engineers in the way other companies were forced to. Read more about Louis Chenevert at wingsjournal.com.

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