Technology

UTC, George Hayes, and Louis Chenevert

by WilliamV .

George Hayes, current Chairman and CEO of United Technologies (better known as UTC), says he looks at views his leadership as being the role of a steward who is tasked to take care of the company. At United Technologies, that stewardship attention is focused on the people. Only slightly lower down is technology itself. Hayes leads UTC to continually invest in new forms of advanced technology to further its goals. They are so committed to technological advancements that they have spent billions on single projects.

UTC was once captained by its former Chairman and CEO, Louis Chenevert. He is was born and raised in Quebec. After high school, he earned a degree in Production Management from HEC Montreal. Upon graduation, he joined the team of General Motors, with whom he served for 14 years. He first joined UTC in its Pratt & Whitney engine business in 1993. In 1999, he was named president of Pratt & Whitney. In 2005, he was made a Fellow of the American Institute of Aeronautics and Astronautics. In 2006, he was made Director of all of UTC.

In 2008, he was appointed its President and CEO. In 2010, Chairman was added to his position. During his years here his leadership was so exemplary that in 2011 he received an honorary doctorate from HEC Montreal. Chenevert was also honored this year by being named by Aviation Week & Space Technology as its Person of the Year. He helped bolster the company’s already high image even higher. Chenevert managed to perfect the art of satisfying shareholders, stakeholders, and customers all at the same time. He held this role until stepping down in 2014.

In 2015, he became Exclusive Advisor to The Merchant Banking Division of Goldman Sachs. He remains active in the operations of his Alma Mater, HEC Montreal, sitting on its International Advisory Board and chairing the Board of Directors of the Friends of HEC Montreal.

See Chenevert speak here: