Many people struggle with their finances. Few people have a firm plan for the future. With rising levels of consumer debt, most people have to take drastic action to prepare for the future.
Louis Chenevert is someone who has always lived frugally. Despite rising to become the CEO of a major corporation, Louis Chenevert still manages his money wisely. He is an excellent example of how to have financial success. He started from the bottom of a small company, and he quickly advanced to the top.
College and Career
Louis Chenevert attended the University of Montreal. During his time at the school, he made a lot of friends and enjoyed various experiences. He is the type of person who is always looking for ways to make a positive impact on the world. Louis Chenevert graduated with a business degree and started working in the corporate world.
He moved into a small apartment and saved a large percentage of his income. While advancing at General Motors, he continuously earned a higher income each year. However, he still lived a frugal lifestyle and was able to build massive wealth.
A strong financial position allowed him to take various risks throughout his career. Louis Chenevert decided to leave General Motors for Pratt and Whitney in 1993. He had a great time at the company, and it set him up for a great job offer from United Technologies Corporation.
Louis Chenevert became a high-level executive at United Technologies Corporation in 2006. After taking the job offer, he became CEO in 2008. Becoming CEO was a significant dream for Louis Chenevert. He made numerous changes at the company, and he also invested in the local community. He firmly believes that successful business leaders should use their wealth to help other people in the city. Louis Chenevert is involved with numerous charities in Canada. His involvement in the community is one of the reasons that so many people enjoy reading about his career.