Louis Chenevert has left a legendary path in the world of business. Many people see what he has accomplished and desire that they can do the same. Well nobody can genuinely fill his shoes, his life’s legacy informs us on what we can do to have the same kind of success in our lives.
Louis began by gaining a bachelor’s degree in production management at one of the University of Montreal’s affiliate programs, HEC Montreal. Graduating at the top of his class, he was the natural pick for the corporate world.
After he graduated, Louis Chenevert received a phone call for General Motors offering him a position within the company. After only two years, he would be promoted to a general production manager overseeing of the Pontiac line. Louis would serve here for 14 years before receiving another lucrative offer.
Louis would leave General Motors and go work for the company Pratt & Whitney. Pratt & Whitney specialized in aerospace manufacturing. This was something that Louis knew very little about, but Pratt and Whitney knew that through his constant learning he would be the pick they needed to become president of their company.
Louis would serve Pratt & Whitney well during his time as president by raising their stock prices by 100% and increasing their market share by an additional 12%. However, Louis would not continue with Pratt & Whitney forever. Another, more significant company, the United Technologies Corporation, had its eye on Louis.
Louis would then become the CEO and chairman of the board for the company UTC. He would raise their value by acquiring companies such as Pratt & Whitney, Otis, and even Goodrich. The total of these acquisitions cost well over $21 billion.
While that amount may surprise many people, it was able to raise the value of UTC by another 42 billion dollars. This allowed UTC to control its market completely.
After his time with the United Technologies Corporation, Louis would go on and become a consultant with Goldman Sachs. Here he served in the banking division, and since retiring spends time with his family and on his hobbies.