Louis Chenevert, the former Chief Executive Officer and Chairman of United Technologies Corporation (UTC), has set a standard of leadership by being a forward-thinking leader when it comes to selecting projects that can help realize the company’s vision. While serving at UTC, Chenevert inspired employees to work at making projects a success. This was one of his guiding philosophies as the Chief Executive Officer, a principle that he was glad to pass on to his successor; Gregory Hayes. Both of them are recognized for their interest in future proof companies by allocating a large percentage of the budget to innovative equipment.
Employee Scholar Program is one of UTC’s most significant commitments to investing in its employees and nurturing their development. This program covers the education cost for the employees pursuing further studies in their respective fields. As a result, more than 40,000 UTC employees across the world have earned degrees since 1996. The company has invested more than $1 billion in the employees’ educational pursuits over the years in the United States alone. This has benefited not only the employees, but also the corporation at large. Moreover, the company won a lobby as the sole supplier of F-35 for the US Air Force under Chenevert’s exemplary leadership.
Chenevert earned a Bachelor of Commerce in Production Management from the Business School of Montreal University (HEC). He serves as the Chairman of HEC Montreal’s International Advisory Board and is the Chairman and founding director of the Board of Directors for the HEC Montreal’s Friends.