UTC is Ruled by Chenevert

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Chenevert has been one of the most successful businessmen throughout the history of the country of Canada. He loves Montréal, Québec the place he was born and raised. This is why he attended the University of Montréal and became a production manager.

He would unfortunately leave his beloved city and work for General Motors when he graduated. Even though he worked there for 14 years he was unhappy as a production line manager. It was the worst job he ever had. However, his relentless optimism served him well here as he was able to learn the value of people.

Due to his excellent work with General Motors in 1993 he was approached by Pratt & Whitney to work with them. This was the aircraft engine manufacturer company that would give him the knowledge of the industry that would serve him well later. He became the president of the company in only six years and continued working there for another seven.

In 2006 the United Technologies Corporation would offer him a role as the chief executive officer. His compensation package would be nearly $22 million and an offer like that is hard to refuse. He would end up also becoming the president of the company and the chairman of the board in 2008 and 2010 respectively.

Perhaps the most innovative thing that he did as the chief executive officer was work with a small team of executives to focus on customer needs and create a product cycle that lasted for 30 years. They knew that this would strengthen their portfolio by providing more products and when combined with key acquisitions the United Technologies Corporation would be a force that would dominate the world.

One of those acquisitions was the nearest rival Goodrich. This acquisition was the most costly acquisition at the time totaling out at $18 billion.

He would also secure the United Technologies Corporation by working with the American government to produce the highest quality military aircraft it ever seen. In fact, he outpaces nearest competition by producing twice as many helicopters in half the time from the Sikorsky factory.

https://www.cnbc.com/louis-chenevert/