What You Need to Know about Louis Chênevert’s Professional Successes

Louis R. Chênevert is a prominent Canadian businessman who previously served as the CEO and chairman of United Technologies Corporation (UTC). He has also worked as the president of Pratt & Whitney Canada. Louis enrolled at HEC Montréal, where he was awarded a bachelor’s degree in production management. In May 2011, Chênevert was honored with a doctorate from HEC Montréal. During the same year, Aviation Week & Space Technology, which is a US aviation trade magazine named him the Person of the Year. That was as a result of his significant contributions to the aviation industry.

His Early Career
In 1999, Louis Chênevert was appointed to serve as the president of Pratt & Whitney after working at the company for six years. After seven years, he was appointed as the Chairman and CEO of United Technologies Corporation (UTC). Before his post at Pratt & Whitney, Louis was working for General Motors, and he has been there for 14 years. He worked as a vice-chairman of the executive committee at Business Council in 2011 to 2012. Louis later became Exclusive Advisor in the Goldman Sachs Merchant Banking Department. In this post, his duty was to look out for new opportunities in the industrial and aerospace sectors and also advising various businesses.

The manufacturing sector is one of the industries that were significantly affected by war, and it was doomed to decline. The GDP contribution of the sector had dropped by 50 percent, and the companies that had once succeeded were left in the remnants in the industrial heartland of America. However, a couple of companies managed to thrive despite the uncaring pop culture, stifling regulations and stiff competition from foreign manufacturers. A good example is the United Technologies Corporation (UTC) that was under the leadership of Chênevert. The company was a large industrial corporation with a net worth of $63 billion. The headquarters of United Technologies Corporation (UTC) is based in Hartford, Connecticut. Chênevert helped the company to be the market leader in the revolution in the aerospace and building space without leaving the company’s birthplace.

Flavio Maluf Optimistic About Brazilian Economy

 

Entrepreneur and businessman, Flavio Maluf, is optimistic about the growth of industry in Brazil. His vantage point as the president of Eucatex provides him with a unique perspective that counters the lack of confidence many have felt toward the Brazilian economy in 2015. He states that, although pessimism remained constant even as late in the year as August, that executives within manufacturing are now hopeful. According to Maluf, the viability of the sector has improved and is showing signs of strength.

 

Corresponding with Maluf’s statement, the Industrial Conference Index had shown a lapse of 1 point during the month of August but had gained 2.1 points in the month of September. According to Maluf, this marks the highest level reached since July of 2014.

 

According to Flavio Maluf, there was also a rise in the Expectations Index, which, in September, achieved its highest score since July 2014. The Expectations Index measures the way consumers feel about how the economy will present itself in the following six months. Maluf also cites the Capacity Utilization Rate as a reason for optimism, as it tells us the proportion at which market potential is realized.

 

Flavio Maluf is the president of Eucatex, a company that produces products for the home that include varnishes, flooring, walls, partitions, and more. He has tremendous experience working in sustainable and renewable energy and is leading the way in green technology. His company has a recycling program that prevents many tons of discarded wood from ending up in landfills. It also saves an incredible 15 million liters of water and one million trees per year. The program also includes reforestation.

 

Eucatex’s four factories export to 37 countries and employ more than 2,200 people.

The business is a worldwide presence, with representative locations in Holland, Mexico, the U.S., Germany, and the United Kingdom. Its two main outputs are furniture and construction, which account for 41% and 40% of its revenues, respectively. Eucatex celebrated its 65th anniversary this year.  Flavio’s official website can be seen here: http://flaviomaluf.com/