There are only a handful of individuals who make their mark in the business world. The chances that an entrepreneur will become successful in their professional lifetime is very low. One such Canadian-based entrepreneur has made his mark in the business world. The story of Louis Chenevert is highlighted in a recent article by Brian Harris in Releasefact.com. We will recap the article below and we will focus primarily on his time at UTC.
Louis Chenevert was born in Montréal, Québec in 1958. Louis attended college at the University of Montréal and majored in Production Management. At college, he attended the HEC Montréal Business School. Louis got his first big break in the business world at General Motors (GM) in Québec. After spending 14 years at GM, Louis was influenced to enter the aerospace industry under the advice of another GM colleague by the name of Karl Krapek and he later joined Pratt and Whitney Canada (PWC) in 1993. He later became president in 1999.
Louis counterpart, Karl Krapek, was CEO of United Technologies Corporation (UTC) from 1999 to 2002. UTC was the umbrella company for PWC. UTC later found much potential with Louis and that led to Louis being Director of UTC in 2006. UTC also specialized in other products such as: security systems, HVAC systems, and airplane engines. Louis led the efforts to promote the GTF engine that would impact the airline industry. Under Louis’ direction, the GTF engine market was put back in the right direction and made PWS relevant again. In 2008, Louis was named President of UTC. Louis made significant changes upon his tenure as President. He moved UTC’s manufacturing back home instead of overseas. One other key goal under Louis’ watch was obtaining a U.S. Navy contract to work on the F135 aircraft engine. With these moves, UTC’s stock soared and eventually UTC was sold to the Goodrich Corporation.
Louis retired from UTC in 2014 and continued his education where he was honored for his contributions to the aerospace industry. As you can see, Louis has definitely made his mark as a true entrepreneur!
The dating game has become much more comfortable now with dating sites and apps, but it continues to be a hassle in many ways for women. It is primarily because they are still subject to abuse and bullying on many of these dating apps by men, and it can be quite disturbing for many of the female members. There aren’t many dating apps out there that have addressed these issues, even when it is an openly known fact. Whitney Wolfe Herd, co-founder of Tinder and founder of Bumble, addressed this issue when she built the dating app named Bumble. It is an application that only allows women to make the first move.
Whitney Wolfe Herd left Tinder in 2014 and then went on to develop a dating app with a concept she almost always had in mind. With Bumble Bizz, Whitney Wolfe Herd Wants Networking to Be as Easy as Swiping Right. As a woman, she has been subjected to bullying and abuse quite a few times as many of these dating apps, and it is what triggered the idea in her for to develop a dating app that doesn’t allow men to contact women first, but instead the other way around. And, somehow, it is an idea that clicked with millions of people, both men, and women. The people who understand why such a move was made have been very supportive of it. Meet the Tinder Co-Founder Trying to Change Online Dating Forever
Whitney Wolfe Herd believes that while socializing is an integral part of our lives, it doesn’t have to be traumatic for women. It is with this in mind; Bumble was developed by Whitney Wolfe Herd in collaboration with Andrey Andreev, who is the founder of Badoo, a social dating network. Badoo continues to be the majority owner of Bumble, and Whitney Wolfe Herd is the CEO of Bumble, and responsible for its marketing, sales, and growth. Last year, Bumble recorded an annual sale of $100 million, and it is a figure that is expected to double this year. Bumble Founder Whitney Wolfe’s Whirlwind Wedding Was a True Celebration of Southern Italy
Whitney Wolfe Herd has had a remarkable journey in the corporate world and is one of the most successful female entrepreneurs in the industry today. If People Don’t Believe In Your Startup Business, Keep Going. She has featured in some of the top corporate and female-oriented magazines globally, including in Forbes, Elle’s, Wired UK, and Fast Company. Whitney Wolfe Herd says that Bumble is a social network app that is based on dating, and it recently also rolled out Bumble BFF and Bumble Bizz feature that allows people to make friends as well as expand their business network through the app. Bumble’s CEO Takes Aim At LinkedIn