Words With Grace Praise All

15Aug/18Off

Louis ChêNevert: A Diligent CEO Who Improved the Aerospace Industry

Louis Chênevert is a Canadian business executive and production manager. He has had a stellar career in the business world. Born in 1958, Louis Chênevert developed an interest in business world at an early age. He knew that with hard work success was guaranteed. He joined the University of Montreal, HEC Montréal Business School, and graduated with a degree in production management.

Armed with a degree, Louis Chênevert secured a job in the auto industry at General Motors at St. Therese, Quebec. With sheer determination, he worked in the production industry improving the sector to the point that the production was one car per minute. Following this exposure Louis Chênevert knew the need for efficiency. After 14 years at GM and having risen to the position of production manager, Louis Chênevert decided to change industries and joined the aerospace industry.

In 1993, Louis Chênevert joined Pratt & Whitney Canada (PWC), a company that manufactures aircraft engines. He focused on making the company’s production plant more efficient. The results were apparent as he was able to cut the cost of production by 10 percent. The executives at Pratt & Whitney (P&W), the parent company of (PWC), were taking note. In 1996, he joined P&W where he improved efficiency and profitability, as he had done in PWC.

After a short stint in P&W, the United Technologies Corporation (UTC), the multinational conglomerate company requested the masterful expertise of Louis Chênevert. In UFC, Louis Chênevert saw the potential in geared turbofan (GTF) engine. Although the production cost was high, he was committed to the production of the GTF engine as the benefits were enormous. The engine would reduce fuel consumption by 50 percent and emissions by 16 percent. The company came to reap big as the engines were a success

Also, as a skillful leader, Louis Chênevert introduced the policy that production should be brought back to the USA as quality and efficiency would be improved. This strategy proved right as Louis Chênevert was able to put UFC back in the engine manufacturing companies map. Louis Chênevert surprisingly left the UFC. He had decided to pursue personal passions, but he left a healthy and profitable company.

http://www.utc.com/News/News-Center/Pages/UTC-Chairman-Chief-Executive-Officer-Louis-Chenevertrecognized-with-the-Publi.aspx

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