United Technologies Corporation (UTC) researches and develops many technologically advanced products for airports, malls, and many other industrial corporations. United Technologies Corporation is known to be one of the largest contractors for the military and they even receive close to 10 percent of their revenue from the United States military. In the article titled “Why Investing in the Future Begins Now,” Gregory Hayes, who is the current CEO and Chairman of United Technologies, stated that he believes being an effective CEO means that you are dedicated to the company or organization that you work for and you have to commit to making breakthrough innovations and being fully invested in your clients. United Technologies Corporation has made it a priority to delight their customers and research more into technology so that they can provide their clients with better quality. The investments that are made by the United Technologies Corporation will help stimulate the United States economy and it will provide many jobs for citizens that are willing to work. With technology accelerating with development, there is a large need for people who can understand this technology and United Technologies expects to be hiring over 20,000 people withing the next 3 years in the United States because of many technological advancements. At United Technologies, the employees are encouraged to advance their education with the Employee Scholar Program which allows workers to pursue any degree they wish and it will be paid for by United Technologies.
Louis Chenevert is the former CEO and Chairman of United Technologies. He was born in Quebec and received a degree in management from the University of Montreal. Louis Chenevert was the President of Pratt & Whitney Canada.
Before Mr. Chenevert worked for United Technologies Corporation and Pratt & Whitney, he worked at General Motors for 14 years. In 2015, Louis Chenevert became the Exclusive Advisor in the banking division of Goldman Sachs and is looking for many opportunities in technology for aerospace and many other industries.