Today, United Technologies Corporation is one of the most well-known companies in the world. Through UTC’s decision to champion cutting-edge technology, while investing heavily in its employees, they have changed the way in which the world travels, while also providing thousands of people with steady employment. The legacy of United Technologies Corporation is one that will not be soon forgotten, and this is undoubtedly due to the blueprint left by former Chief Executive Officer, Louis Chenevert. The current CEO of United Technologies Corporation, Gregory Hayes, often reminds his employees that it is the head of a company’s mission to leave a company in better shape than when he ascended to the position; an ideology that is a clear continuation of the imprint that Louis Chenevert left upon stepping down as Chief Executive Officer.
While it is the job of a CEO to deliver quantifiable results over the short term, the long-term projection of a corporation will reflect the manner in which he will ultimately be judged. It was Louis Chenevert’s commitment to innovation, as well as to the people he employed, that led to the development of the GTF engine, which today, is flown by a number of airlines in over 70 aircrafts around the world. Mr. Chenevet’s decision to invest so heavily in this groundbreaking engine can be traced back to his time as the President of Pratt & Whitney Canada; a position that he was elected to after only six years. In 2006, after Louis Chenevert became the CEO of United Technologies Corporation, he decided to incorporate the ideas for the GTF engine into his new position, thus changing the direction of the company forever. Over the course of his career, Louis Chenevert has received a multitude of awards, including receiving an Honorary Doctorate from his alma mater, HEC Montreal, as well as the prestigious Honor Award by the National Building Museum.
Thanks to Louis Chenevert’s forward-thinking, United Technologies Corporation is laying the path for further innovation around the world, and over the course of the next few years, will provide thousands of employment opportunities for people all over the United States.