Louis Chênevert and the Importance of Teamwork
Internal conflicts can be damaging to the process of getting the best results possible. This is why Louis Chênevert makes sure that he and his team do not lose their focus on execution. If someone does not line up with the agenda of the project that is being worked on, Louis Chênevert believes that you should never tolerate them being part of your team.
As the former Chief Executive Officer and Chairman of UTC, United Technologies Corporation, he is very experienced in making sure the customer gets exactly what they asked for and more. In November of 2014, Louis Chênevert retired from United Technologies Corporation and joined the team at Goldman Sachs. From 2015 to 2017, Louis Chênevert served in the position of Senior Industry Advisor of their Merchant Banking Division. Louis Chênevert believes in the importance of maintaining small teams that know how to work together in order to get the best results.
In addition to his full-time employment, he is also Chairman of both Yale Cancer Center’s Advisory Board and the Congressional Medal of Honor Foundation. He has held these positions since 2011 and 2017.
While he may have graduated from the University de Montreal HEC with a bachelors degree in production management, the University of Montreal presented Louis Chênevert with an Honorary Doctorate in 2011. In addition, Louis Chênevert became a fellow in 2005 of the American Institute of Aeronautics and Astronautics.
At United Technologies Corporation, Louis Chênevert and his team focused on what their customers needed and delivered them products with a thirty-year lifecycle that changed the industry. This approach brought United Technologies Corporation and Louis Chênevert success with many products such as the F135 engine solo source position and the GTF engine development which allowed for fewer parts n the engine itself and a large reduction in noise and fuel consumption. When Louis Chênevert and United Technologies Corporation acquired Goodrich aerospace for $18 billion, it was the largest acquisition that had ever been completed at the time and changed history forever.