Louis Chenevert may be officially retired. But what he has done throughout his career stands as the proof of what can happen when one is dedicated and works hard to make sure their dreams of prosperity come true. From working on production at General Motors to working in aerospace for United Technologies to advising investors at Goldman Sachs, Louis Chenevert is an inspirational man with a great story to tell.
Before the businessman worked for some of the largest corporations on earth, he was a young man from Montreal, Quebec born in 1958. He did not come from riches and knew the value of working hard. He worked himself up to a comfortable, prosperous lifestyle. After gradating college with a degree in production management, he followed his dreams of working as a businessman for General Motors. He oversaw assembly lines where he learned to watch and analyze the details. After several years of working for the large automaker, he knew the auto industry was not his lifelong calling. He ultimately left the automotive industry.
Next, he began working in the aerospace industry. He worked for a company called PWC which is under the United Technologies division. For PWC Louis Chenevert cut production costs by ten percent. What would have taken the company two years to develop an aerospace engine he was able to get it developed within nine months. For United Technologies he oversaw operations. He was able to aid the company in working more efficiently. He ultimately became the chief executive officer of the aerospace manufacturer.
In 1999, he became president of the company. At that time the company had some struggles. Technologies were outdated. Production was not running smoothly. The financial reports were not in the black. As president, Louis Chenevert changed all of that. He brought in new technologies to help the company be able to compete with the modern world. He got the assembly lines running more efficiently. He turned the company around to making a profit. He left his mark on the company before formerly retiring. Today, he is an inspiration to all entrepreneurs everywhere.