Louis R. Chenevert is a Canadian businessman born in Quebec. He served as the Chairman and Chief Executive Officer of United Technologies Corporation and was also President of Pratt & Whitney Canada.
Louis Chenevert earned a bachelor of commerce degree in production management from HEC Montreal, an affiliated Business School of University of Montreal.
Chenevert was elected to be 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. Before this, he spent 14 years at General Motors. On December 8, 2014 Chenevert stepped down as CEO of United Technologies Corp. and was replaced by director Edward Kangas.
He serves as Vice-Chairman of the Executive Committee of The Business Council for 2011 and 2012.
Personal life and honors
While CEO of United Technologies Corporation in 2008, Chenevert 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.
He is the 2009 recipient of the Honor Award from the National Building Museum
On 22 May 2011, Chenevert received a doctorate honoris causa from HEC Montreal.
US aviation trade magazine Aviation Week & Space Technology named Chenevert its Person of the Year 2011.