Posts in Category: Leaders in Investing

How UTC Benefitted From Louis Chenevert’s Leadership

Louis Chenevert was appointed the chief executive officer and chairman of United Technology Corporation in 2006. United Technology Corporation researches and manufacturers high technology based products such as commercial and military grade jet engines. UTC also produces sensors and flight controls for aerospace systems. United Technology Corporation manufacturers many products that are incorporated into the refrigeration and HVAC industries. Since Louis Chenevert was appointed CEO of the company, UTC has become the most profitable conglomerate company within the USA. He was able to grow the company by investing in new technology and innovation.

Prior to becoming the chief executive officer and chairman of United Technology Corporation, Louis Chenevert held various other high ranking positions. Mr. Chenevert was employed by GM (General Motors) for 14 years. During his employment with GM he was a production manager. In 1993 he moved on to a aircraft manufacturing company and then from there acquired his position with UTC. While employed with Pratt & Whitney he became the President of the company. He worked with them from 1993 until 1999. Prior to his business experience he earned his bachelor’s degree from HEC Montreal. HEC Montreal is a business school that is affiliated from the University of Montreal. In 2011 he also acquired his honorary doctorate from HEC Montreal.

During his employment with United Technology Corporation, Louis Chenevert was also the vice chairman of the executive committee of the business council from 2011-2012. In 2009 he was given an honor award from the National Building Museum and in 2011 Aviation Week and Space Technology magazine named him their person of the year.

Louis Chenevert cares about the environment and has been striving to continually make technological advances at UTC to become more eco-friendly. He was able to reduce greenhouse gas emission by 26% and water consumption by 53% since 1997. He stepped down from his position at United Technology Corporation in 2014, but to this day the company is still benefiting from the investments and eco-friendly advances the company experienced during his leadership with them.

Global Economy Still Slow Says Investment Banker Martin Lustgarten

This spring has not proven to be as hard on banking as many predicted after last fall and winter’s non-stop problems, however, there are still plenty of reasons to worry, according to an article recently published in The Economist. One of the largest problems is the health of the world economy. China’s economy is still drastically slowing with leaders in that country having to announce that some positive figures they announced earlier with erroneous. The retributions of China’s diminished imports and lower demand for commodities have been felt globally. Additionally, the cost continues to mount for refugees fleeing Iraq and Syria. World governments and companies continue to struggle to limit CO2 emissions. Oil countries could not come to an agreement in Doha, Qatar.
The good news is that currency depreciation has continued to act as a shock absorber helping to economic shocks. How long this remains the current situation has led to much debate with the fear being that may reveal balance sheet vulnerabilities or spark inflation. This is likely to be the case if oil prices do not recover very soon. If the prices remain low, then investors will continue to be jittery. Corporate and sovereign dislocations may increase the nervousness of investors even more.
With so much uncertainty in the market, you need an investment banker like Martin Lustgarten to help you make the right decisions. If you are unfamiliar with the term investment banker, then it is an individual helping you with finding investment opportunities that are right for your situation and portfolio. Alternatively, if you have a great idea or are an executive in a company that needs capital inlay, then Martin can help you find sources to meet your funding needs. As the CEO of the Lustgarten Company, Martin would especially like to visit with you about opportunities in Hong Kong, Singapore and Panama where he has many contacts, although he will gladly assist you with other investment opportunities.
When not busy with client’s investment banking needs, Martin spends his time looking for investments in vintage watches. He can actively be followed on Soundcloud where he gives out financial advice and interesting news to collectors.

Other links: https://www.producthunt.com/@mlustgarten2