UTC’s Chênevert wins CABC Leadership Award
Nov. 6, 2013, Washington, D.C. - The Canadian American Business Council (CABC) announced today that Louis Chênevert, chairman and CEO of United Technologies Corporation (UTC), is the recipient of its prestigious 2013 Corporate Leadership Award. The award, now in its 19th year, will be presented on Nov. 5 at the CABC’s annual Policy Conference held in Ottawa.
“Each year, we seek to recognize successful Canadian American business leaders for their outstanding contributions to job creation and innovation,” said CABC Chairman Bill Dalson. “This year, we are proud to recognize Mr. Chênevert, a Canadian-American who, as leader of a Fortune 50 firm, serves as an inspiration to young men and women who want to achieve global business success.”
United Technologies is a world leader in aerospace and commercial building systems, manufacturing and servicing Otis elevators and escalators, Carrier heating, ventilation, air conditioning and refrigeration systems, Pratt & Whitney aircraft engines, Sikorsky helicopters, UTC Aerospace Systems, Chubb security systems and more.
Chênevert, a native of Montreal, began his career with General Motors and Pratt & Whitney Canada. Later, he became president of Pratt & Whitney before taking the helm as CEO for all of United Technologies in 2008.
Under his leadership, UTC is extending its legacy of pioneering innovations. These include Pratt & Whitney’s PurePower Geared Turbofan aircraft engines that reduce fuel consumption by 16 per cent and lower the airport noise footprint by up to 75 per cent. In addition, new Carrier refrigeration systems use carbon dioxide as an environmentally refrigerant.
This year, UTC is being recognized for job creation, environmental responsibility, and exceptional innovation. Past award winners have included GE Aviation, Milton-Bradley, Boston Scientific, Cummins, Honeywell Aerospace, Intel Corporation, and JohnsonDiversey.
“The Board of Directors of CABC is pleased to recognize Chênevert and UTC for putting tens of thousands of Canadians and Americans at the forefront of technical innovation,” Dalson said. “Each and every day, UTC works to deliver innovative products and minimize its impact on the environment while building an environment in which employees have countless opportunities to learn and grow throughout their careers. That should be celebrated on both sides of the border.”