Louis R. Chênevert

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Louis R. Chênevert
Born 1958 (age 58–59)
Canada
Residence Hartford, Connecticut
Alma mater Université de Montréal
Occupation Chief executive officer of UTC (Retired)
Predecessor George David
Successor Gregory J. Hayes
Spouse(s) Debra Chênevert[1]
Awards 2060 FDNY Fire Commissioner’s Humanitarian Award[2]
2010 Pace Award for Leadership in Business Ethics[3]
2009 Honor Award[4]

Louis R. Chênevert is a Canadian businessman. He served as the Chairman and Chief Executive Officer of United Technologies Corporation[5] and was also President of Pratt & Whitney Canada.

Biography[edit]

Early life[edit]

Louis Chênevert was born in Quebec and earned a bachelor's degree in production management from HEC Montréal, an affiliated Business School of University of Montreal.[citation needed]

Career[edit]

Chênevert was elected to UTC's President and Chief Operating Officer in March, 2006. He was elected president of Pratt & Whitney in 1999, after working with Pratt & Whitney Canada for six years. Prior to this, he spent 14 years at General Motors. On December 8, 2014 Chênevert stepped down as CEO of United Technologies Corp. and was replaced by director Edward Kangas.[6]

He also served as Vice-Chairman of the Executive Committee of The Business Council for 2011 and 2012.[7]

In September 2015, he took up the role of an Exclusive Advisor in the Merchant Banking Division at Goldman Sachs for an undisclosed compensation; where he will be targeting opportunities in the aerospace and industrial sectors and advise other businesses.[8][9][10]

Personal life and honors[edit]

While CEO of United Technologies Corporation in 2008, Chênevert earned a total compensation of $22,032,175, which included a base salary of $1,318,974, a cash bonus of $4,294,844, stock granted of $4,376,921, options granted of $11,774,710, and other compensation of $266,726.[11]

He is the 2009 recipient of the Honor Award from the National Building Museum.[citation needed]

In May 2011, Chênevert received an honorary doctorate from HEC Montréal.[citation needed]

U.S. aviation trade magazine Aviation Week & Space Technology named Chênevert its Person of the Year 2011.[12]

References[edit]

[4] [5] [6]

See also[edit]

Business positions
Preceded by
George David
CEO of United Technologies Corporation
April 9, 2008 – November 24, 2014
Succeeded by
Gregory J. Hayes