Meet the CEO and Person of the Year Award Winner, Louis Chenevert

Meet the CEO and Person of the Year Award Winner, Louis Chenevert

Louis Chenevert is an incredibly accomplished CEO having built countless businesses from the ground up. Louis has served as a high-level executive and leader in many recognized and highly reputable US firms. Louis has built quite the amazing portfolio over the years. The current CEO of United Technologies Corporation (UTC) who took over from Chenevert, described him as a consummate leader who always leaves companies better and stronger than before. Chenevert’s strategy often involves developing a waterproof investment plan that’s suited for the long haul. The award-winning CEO is a huge believer in investing in their workforce human resource department of his companies.

Awards and Accolades

Louis Chenevert is renowned for his uncanny ability to balance both short-term and long-term goals. He’s an astute leader who perfectly understands the essence of investing in tech innovations in building a successful company. In the late nineties, Louis used to head up a leading aeronautical firm called Pratt & Whitney Inc. At Pratt & Whitney, Louis was instrumental in turning this company around with the introduction of new advanced manufacturing tech. the visionary leader helped the erstwhile struggling jet engine manufacturer to up their revenues exponentially in just a couple of years. For his outstanding feats, Louis is the recipient of the prestigious Person of the Year award in the late 2000’s.

Future Plans

By the time Mr. Chenevert left Pratt & Whitney in 2006, he’d risen to be the engineering firm’s overall president. That fact made it remarkably easier for Chenevert to merge the two establishments together into one giant conglomerate. Over the next decade, the two firms would sink in an estimated $10 billion and effectively succeeded in transforming the aviation industry. No wonder, Pratt & Whitney have manufacturing plants in far-flung locales like Florida, Georgia, Connecticut, Maine, New York and Michigan. The ambitious manufacturer seeks to add on an estimated 25K employees to support their growing operations, nationally and globally.

The GTF Engine

Pratt & Whitney and UTC partnered up and perfected a revolutionary engine called the GTF engine. The engine is a special engine that consumes roughly 16% less fuel and it spews 50% fewer emissions. Since the GTF engine debuted, it’s received a grand welcome from the leading global airline carriers. As of 2018, the engine is now fitted into over 70 aircraft and it has performed impeccably well, according to the flight crew engineers.

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Glen Wakeman, CEO With Answers

Glen Wakeman has had a truly outstanding career spanning over 20 years. Glen’s current title is CEO of LaunchPad Holdings LLC (http://www.glenwakeman.com/about-glen-wakeman/). LaunchPad Holdings is a software service that creates an environment where entrepreneurs can implement their ideas into tangible plans while leveraging the experience and expertise of other entrepreneurs.

Glen began his extraordinary professional career by earning his Bachelors of Science in Economics from the University of Scranton in 1981. He later went on to receive his MBA in 1993 from the University of Chicago and is currently a Six Sigma Black Belt.

Glen’s professional career has yielded him invaluable experience, which makes him an industry leader and referred to as a secret weapon for up and coming entrepreneurs who consult his expertise. Glen Wakeman had a successful career at GE Capital for more than 20 years. While at GE Glen was the General Director of GE, Global Insurance Ventures in the United Kingdom, where he successfully implemented strategies for businesses resulting in growth of $8 million. Glen eventually worked his way up to more and more demanding and complex positions requiring innovative and effective leadership. Glen became CEO of GE Money Latin America. During his tenor in Latin America Glen generated more than $12 billion in revenue while employing 17,000 people encompassing nine countries.

Glen has developed his Five Key Dimensions of Performance. This methodology is unique in that it can be applied to multiple industries. Glen has been able to strip down and focus on these 5 areas that are paramount in any field: Preparing the company to make changes through Leadership, Guiding visions and strategies and formulating a tactic to implement (Human Capital), The successful integration of people, technology and processes (Execution), Risk Management and Governance. These practice and effective methods has a proven track record of success evident both by Glen highly successful career and his ability to take business to the next level.