Tag Archives: Retired CEO

It Doesn’t Matter Where You Start, What Matters Is Where You End Up-Louis Chenevert

Louis Chenevert, a renowned Canadian entrepreneur has said that no matter the pedigree, educational background or social status in the community, you can be something people will be looking up to. Louis Chenevert was born in 1958 in Montreal, Canada. His life as a boy followed the pattern of other children in the neighborhood and his parents were not part of the affluent. They led a simple life with normal struggles of raising their children.

As he kept growing up, Louis Chenevert knew what he wanted. He kept telling himself that he would one day be at the top. That is what is happening in his life. To date, Louis has been a production manager at General Motors, an advisor of Goldman Sachs, one of the world’s reputable service companies, and a CEO of United Technologies (UTC) among other positions. Mr. Chenevert acquired the entry-level education that later enabled him to attend classes at HEC Montreal Business School at the University of Montreal where he graduated with a degree in production management. With skills in production management, one is able to major into the production of quality products in large quantities and at a very high speed using the least amount of money.

Now with a degree at hand, Louis Chenevert went out to search for a job. His first job was at General Motors, a motor vehicle assembly plant located at St. Therese, Quebec. While at GM, Louis Chenevert brought many changes to the production department where he was the head. After some time, his friend, Guy Hachey, would give him several responsibilities of oversight. At one point, Guy said of the production, “We were now able to .produce a new vehicle every 60 seconds. There was no room for errors. If we made a mistake, it’d mean 60 defective cars in 60 minutes.”

Louis Chenevert worked for General Motors for 14 years. He later moved to Pratt & Whitney Canada (PWC), an aerospace company that specializes in the production of aircraft engines. Although Louis Chenevert did not have knowledge in aircraft engine production, the company recorded increased production during his tenure. In 1999, Louis Chenevert was named PWC’s president. The company employs over 3,000 workers.

https://www.dailyforexreport.com/louis-chenevert-leadership-investment-innovation/