Posts Tagged: CEO

Sergery Petrossov, the Brains behind JetSmarter App

Born in Moscow, Russia, Sergey Petrossov is an American entrepreneur and investor who is well renowned for the JetSmater app which he launched officially to the public in 2013. The 29-year-old is the CEO of JetSmarter, an organization which eases private air travel by connecting flyers with jet operators via an app. He has received several awards, most notably Forbes 30 Under 30 for his role in Consumer Technology. Sun-Sentinel has also ranked him South Florida’s Top Working Professional.

Sergey Petrossov’s family immigrated to the USA when he was only four years old. He went to high school in South Florida and was later enrolled as a finance major at the University of Florida. He graduated in 2009, and his interests in IT saw him co-found two IT projects, both employing technology to enable the online business transaction. Sergey Petrossov had the privilege of serving as a board adviser to a private jet operator based in South Florida. During this time, South Florida had the world’s largest on-demand Gulfstream charter fleet. However, what motivated him to develop the JetSmarter App was his first experience in a private jet.

Birth of JetSmarter App Idea

At the age of 21, Sergey Petrossov found himself boarding his first private jet, little did he know it would be a common thing for him in the future. He noted how tedious it was for customers to book private jet travel and the cumbersome process they had to go through for the booking process. He thought of technology as the answer to this problem.

Sergey Petrossov began to develop an online platform where people would book their private air travel with just a few clicks, and this lead to the development of the JetSmarter App. The App employs technology skillfully to connect flyers with top-rated jet operators in the market. Sergey has collaborated with hundreds of partners who have vast experience in technology, private air travel as well as logistics, a factor which has seen his business grow into a major success.

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Louis Chenevert and United Technologies

In April of 2008, Louis R. Chênevert was chosen for the positions of President and Chief Executive Officer at United Technologies Corporations. Two years later he was also elected to be the company’s chairman where he held those positions until he eventually retired in 2014. After spending 14 years as a Production General manager at General Motors, He joined Pratt & Whitney, a company that was struggling with the economy and in need of strong leadership. Chênevert became President of United after working with a team of key executives. With the team’s comprehensive understanding of what a customer needed, they became a successful company in manufacturing civilian and military aircraft engines.

Chênevert made a strategic move by eliminating the outsourcing of cheap foreign suppliers and foreign labor. He then moved workers to one location in the U.S. The reason for this was to have their best minds all in one place, working together, and efficiently solving issues. Despite this method not being cost efficient it didn’t decrease the value or quality of the product. Chênevert’s presence proved to make a substantial impact as United’s stock value rose by 80% since he took leadership.

Believing that having the right team makes all the difference, he knew United would need a little help with its production. Chênevert sought out a company called Goodrich Corporation since it was one of the world’s largest rubber companies which specialized in aerospace manufacturing, a collaboration would allow United Technologies Corporations to be able to lower their cost of production. Acquiring the Goodrich Corporation took a year to finalize due to prolonged negotiations while they discussed details of the agreement. Merging Goodrich with United made these two companies a multinational conglomeration.

In spite of his success at United Technologies Corporations Louis R. Chênevert eventually resigned in 2014, to the shock of his peers, and is now currently doing what he loves, designing and overseeing the construction of his several Yachts and enjoying his time sailing.

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