Louis Chenevert: A Guiding Hand For UTC

In the competitive world of business, there are many fascinating innovators worthy of note. These characters are somehow able to turn companies around armed only with good ideas and persistence. One of these impressive personalities worth further note is Canadian born Businessman Louis R Chenevert. Born in Montreal, Quebec in 1958, Chenevert grew up and chose to attend college at HEC Montreal. In 1979 he earned his bachelors from the university in business administration. Louis  Chenevert achievements later in life would also earn him 2 honorary doctorates one from HEC Montreal in 2011 and Concordia University in 2014. These achievements were hard won as he began his Career at General Electric. For 14 years he impressed all those he worked with earning the position of general production manager by the time he was ready to move on. He left General Electric in 1993 and pursued a position with Pratt and Whitney Canada. Chenevert’s skills translated impressively to the new company and he was named President by 1999. After years of service Chenevert was ready to take on a new challenge. He found that challenge at United Technologies Corporation. In 2006 Chenevert joined the company and took on the role of President as well as Chief Operating Officer and Director. Follow him on Twitter.

 

His new undertaking proved to be what Chenevert needed, a challenge. At the time Chenevert took on the leadership role at UTC the country and the company were experiencing financial turmoil. With the recession in full swing, most companies were struggling to hold on. However, Chenevert did not focus on the obstacles instead he focused on the opportunity and he guided UTC to prosperity. The company’s stock prices were a pitiful $37 a share before Chenevert took the reins and by the end of his time running the company they had grown robustly to $117 a share. This growth delivered investors roughly 200% on their initial investments as well as dividends paid out regularly. Chenevert’s success is not limited to this growth. Chenevert impressive abilities can also be admired by how this growth was obtained. Instead of moving production overseas or infusing the company with money on new equipment of technology he achieved this growth by reorganizing the company to maximize what it already has. Find More Related Here.

 

Related: http://www.wingsjournal.com/louis-chenevert-business-giant-took-sea

Louis Chenevert Is A Progressive Leader

Louis Chenevert is a progressive leader who has the ability to look to the future and live the moment. He has always led by example and knows that he must support a productive culture in any company that he is working with. Louis took over as the CEO of United Technologies Corporation and immediately began to instill his principles on the team in order to bring UTC back to the forefront of its industry. He was prepared to listen to new ideas and help those under his charge develop those ideas into successful business practices. UTC has been on the cutting edge of its market since Chenevert took over as the leader. He believed that the company could have a positive impact on the American economy by creating opportunity for others.

 

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Technology is continuously evolving. The demand for the technology gets more and more sophisticated as a market expands. Louis was prepared for these events. He made plans to hire more than 25,000 people within a three-year period in just the United States alone. The move was made to show the others in the industry that UTC was serious about creating the opportunity that it speaks of. Go Here For additional information.

 

 

The main organization should always inspire the growth of its affiliate brands. UTC uses many suppliers in order to support its huge network. Chenevert understands that he must invest in these other entities. The company dedicated up to 40 million dollars in investments over a 3-year span in order to help suppliers produce the highest quality products possible.

 

People are the creators of technology. Therefore, it is important to support the creative minds that are producing the ideas. In order to help its innovators, think outside the box, UTC initiated a program that would allow its team members to attend college for a bachelor’s degree no matter what the field of study is. The company pays for the tuition.

 

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Louis Chenevert is a graduate of HEC Montreal, which is a business school within the University of Montreal. He had successful tours at General Motors and Pratt & Whitney before moving on to UTC. Louis eventually stepped down from his position as CEO of United Technologies Corporation and looks forward to upcoming opportunities.

 

See: https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html

Gregory Aziz: Reaching for His Dreams

The life of Gregory James Aziz has truly been a time of innovation and success. He has set himself apart, not only as a lucrative businessman, but as an innovator obsessed with quality. Greg Aziz was born in London Ontario in 1949, to the family that would eventually found Affiliated Foods. Sometimes called James Aziz, he knew that he wanted to go into business when Affiliated Foods was founded in 1968. He graduated with a degree in Economics from the University of Western Ontario and joined the business in 1971. He would oversee the growth of the new grocery supplier and it would be among his first real-life business lessons.

 

Until 1987, Gregory James Aziz worked with Affiliated Foods to see massive growth. The company began to import from Europe, Central America, and South America. This was important because they became the first suppliers to do so and it gave them a very competitive edge. Their food was better quality and they had a larger array of stock. Aziz saw this and marked it into his own brain for future reference. He decided to leave the company shortly after that and began to think about starting his own business.

 

In 1994, an opportunity presented itself that he could not pass up. National Steel Car, a once great freight car manufacturer, was on the market. Even though the company had been on the decline for several years, Aziz saw a lot of potential. He purchased the company right away and began working on quality. In just two years, the company had received the TTX SECO award for their high-quality products. They have held this award consecutively since then. This denotes the change in direction that Aziz wanted. While he wanted to honor the history of National Steel Car, he did not want to skate by on their former reputation. This was a great time for him to define himself.

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By the year 2000, Aziz had increased the workforce of National Steel Car by over 3,000 and productions to almost 12,000 cars a year. That was a substantial change from just 600 employees making 3,500 cars a year. This means that the workforce went from creating roughly nine cars a day to over 32. This was an incredible win for Aziz and National Steel Car. To this day, National Steel Car remains a leading freight car manufacturer throughout the world. Truly, Aziz achieved his dreams.

Source: https://www.bloomberg.com/research/stocks/private/person.asp?personId=39124620&privcapId=35787198

Obsidian Energy Exceeds All Expectations In 2017

Located in Calgary, Obsidian Energy is a well-known oil and gas company in Canada. The main production area for Obsidian oil and gas are; Alberta Viking, Peace Fields and Pembina Cardium.

 

Obsidian Energy takes pride in assisting individuals in the evaluation of oil and gas investments. With over twenty-five years of technical experience, they have the ability to evaluate oil and gas properties to determine the risk and reward. They also work with institutional investors; helping them expand their portfolio and profitability. They are considered experts at the evaluation of oil and natural gas assets.

 

FrontFour Capital, based out of Greenwich Connecticut is quite impressed with Obsidian Energy. They have a significant investment in Obsidian Energy. By accumulating over twenty-seven million shares, the hedge fund investment company increased its stake in Obsidian by 5.5 percent. FrontFour Capital completed the paper work with the Securities and Exchange commission, which is required when any individual or corporation owns more than five percent of a publicly traded company.

 

Obsidian Energy continues on track for financial success. The strong momentum through 2017, allows Obsidian to continue to meet their goals for oil and natural gas production. The third quarter of 2017 ended with a sold future and strong financial gains for Obsidian Energy.

 

The first exploration into the Western Canadian Basin produced results that well exceeded expectations. The Western Canadian Basin area has three wells. Further development of this area is anticipated in 2018. Adding to the financial success are the production areas located in Peace River, Alberta Viking and Cardium. Under new management and utilizing an advanced well delivery system, Obsidian continue to exceed production expectations

 

Obsidian predicts their oil and natural gas business to increase by five percent in 2018. With exceptional management and flexibility with their operations team, it is quite possible they may exceed the anticipated growth rate of five percent. Refer to This Article for more information about the company.

 

Visit: http://calgaryherald.com/business/energy/restructured-penn-west-proposes-name-change-to-obsidian-energy

The Second Quarter Operations Of Obsidian Energy Shows Great Improvement

Penn has changed its name to Obsidian Energy after 92% of the shareholders voted in favor of the name change. Although there is a fixed price of gas and oil, Penn West Petroleum hopes to pursue a steady growth in the next three years. The company chose to go with Obsidian because it’s natural gas that can be honed and sharpened.

 

Going forward Obsidian Energy will also be positioned with the right assets including a prudent hedging strategy and a healthy balance sheet that will make it easy for Obsidian Energy to come up with standards for performance that can be implemented on the lower price environment. That aside, Obsidian has started the first quarter of the year on a solid start regardless of the limited activity within the season breakup condition.

 

According to the company CEO, they are looking to restructure their operation to gain more in the second quarter. To achieve this, they have reduced and reallocated some of their budgets to fit the current price environment. This is important since it will be easier for them to have a stable financial and at the same time keep the debt low. Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff.

 

In the subsequent months, Obsidian will be focusing more on development programs. At the moment they can efficiently manage the current commodity environment, and they look forward to making updates through the newly established accountable, relentless and disciplined firm.

 

During the second quarter of operation, the Obsidian Energy cooperates production averaged at thirty thousand boe a day. The production in the development areas remained significant even after successful workover projects and favorable optimization decline during the breakup period. The operating costs at the same time were valued at fourteen dollars per boe. Read More Information on this page.

 

What’s more, the annual turn around and maintenance with additional expenses were on a high in the second quarter. With such a trend the company is hoping to trend down the second half to target the operating cost by 13 to 13.5 per bow. The funds that were used in the operation of the second quarter was estimated at 43 million dollars which reflects the high sale price.

Source: https://www.obsidianenergy.com/

Obsidian Energy; An Oil And Natural Gas Production Company From Alberta

Oils and natural gas businesses experience challenges due to global price fluctuations. Many of these companies do well in business while others don’t. Obsidian Energy LTD. is one of the natural gas and oil production companies that is working hard to remain on top of the industry. This oil production company is based in Calgary, and it has been performing well in production as well as in the stock market.

 

It was previously known as Penn West Petroleum Ltd. until June 2017. The change of name has come with new set of approaches and strategies that will make the company more productive. The company aims to produce more oil and natural gas by employing new technologies and strategies. This requires capital investment which they are ready to spend for a more productive Obsidian Energy LTD. The company has reemerged stronger and more capable of dealing with many challenges that come in the competitive industry.

 

 

The oil company has been one of the largest companies on Toronto Stock Exchange. In January 2008, Obsidian reached $9.5 billion which was a peak market capitalization, and since then it has been doing well in the stock exchange market. In 2014, the oil and gas production company were affected by low oil prices, but they managed to overcome the financial difficulties. Obsidian Energy has always remained on toes since then enabling it to grow while making more profits.

 

 

Obsidian Energy has huge oil field across Alberta. Along the Western Canadian Sedimentary Basin is where the company owns oil and gas fields as it is one of the largest petroleum reserves. Obsidian Energy produces an average of 30000 bbl equivalent per day and is targeting to increase the production with time. The company has been performing this good as it is managed well by experts who own the company’s vision and goals.

 

 

Obsidian energy is led by David l. French who is the president as well as the CEO. To manage finances, Obsidian Energy has David Hendry as the chief financial officer who has a financial experience of over 25 years. On top of that, Obsidian Energy has a reputable board of directors who always want to see the company perform better in oil and natural gas production.

 

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Gregory Aziz Remarkable Contribution To Car Manufacturing Innovations

Greg Aziz, an experienced businessman, is the CEO of National Steel Car (NSC). The global leading industrial and railroad freight engineering company is located in Hamilton, Ontario. It has more than 100 years’ experience in engineering, manufacturing and commits to quality. National Steel Car is a reputable and top railroad freight car producer in North America. Since its existence in 1912, the industrial company has invented and manufactured freight carriage within and over the expectations of the railroad industry and their customers.

 

North American harmonization of safety regulations for transportation of flammable liquid is a move echoed by Gregory J. Aziz. The investor purchased the NSC company from Dofasco corporation in 1994. He served in New York, a finance company when he became familiar with the National Steel Car. James Aziz has been in the forefront in the expansion of National Steel Car. He transformed the old manufacturing corporation through the implementation of revolution strategies.

 

Greg James has made sure that the National Steel Car operates professionally and efficiently, maintaining its reputation. He is an outstanding innovator recognized in North America for his expertise and achievement in business. Greg James Aziz, the current NSC president and was born in 1949. The firm long-serving employee comes from London. A renowned manager, Aziz has extensive knowledge in business, an experience gained during his working in family food industry business. He graduated in economics, top honors from the University of Western Ontario.

 

Besides working with the leading players in Canada and United States in the food industry, James Aziz improved his expertise in investment banking. Lack of engineering skills did not hinder his purchase of NSC for his skills were enough to transform the business. The manufacturing company has been in operation for over ten decades, and it is ISO 9001:2008 certified. Besides capital investment, the CEO enhanced the general company operations.

 

Greg Achievements

National Steel Car revolution to a prominent invention market leader was a significant accomplishment for Greg Aziz. Through his management, the company manufactures thousands of automobiles per annum growing its capacities from 3,500 cars to 12,000. His role as an executive has contributed to the creation of employment opportunities increasing the workforce by 1,700 individuals. National Steel Car prides itself in the loyalty of its customer and projects to grow better with time. Read More Information Here.

 

The investor grew the family food industry business operations to parts of Europe, South America, and Central. His management further expanded the affiliated foods corporation to the United States and Canada. He also grew the industry to a top American food trader.

 

Learn More: http://gregaziz1.strikingly.com/#about-greg-aziz

How Gregory Aziz Is Redefining Corporate Management

Corporate management is not an easy task as most people would presume, and the hardest part of it all is acquiring success in an industry that is highly competitive, and one that requires great dedication and effort. While the success of Gregory J Aziz appears to be one that is filled with glamour, his journey was a long one. Greg Aziz had to be patient so that he could be able to learn the different tactics that can be employed by a leader in the corporate sector. Using the right method of leadership ensures that maximum success is achieved in a company.

 

Organizational leadership is a technical process since each firm has people who come from different backgrounds. As the leader in the organization, it is one’s role to harmonize each process to that various elements can operate in tandem and positive results can be obtained. When different people are put together, and they end up being put in charge of various matters in the organization, there tends to be a challenge on the part of the manager in ensuring that everyone can deliver what is expected of them efficiently. Find Related Information Here.

 

Whenever anything happens in a company, it always reflects on the success or failure of the company president. Therefore, a manager should be able to understand how well he/she can be able to tune everybody so that collective success ends up being obtained. Gregory Aziz is one of the few corporate managers in Ontario who has managed to achieve such an objective. As the president of the National Steel Car, Greg James Aziz has ensured that he can reform the car manufacturing sector to become one that is highly prolific and has great potential in improving the economy of a country.

 

Greg J Aziz has an experience record that spans over 20 years in corporate guidance, and through time that he has been involved in leadership matters, Greg has ended up acquiring leadership skills that are only possessed by a few people in the society. The National Steel Car CEO saw the potential of transport sector from an early point, and he rallied all his effort in ensuring that at the end of the day, he would be part and parcel of the success that was to come in future. LIKE HIM ON Facebook.

 

At the moment, Aziz leads one of the biggest railroad manufacturing company in the world, and the impact of the organization is largely felt in different parts of the United States.

Greg Aziz Changed The Century

A company that has a skilled, wise, and influential Chief Executive Officer that can see the trends of the future is almost guaranteed to succeed. National Steel Car is a company that was lucky to have such a great CEO in Gregory James Aziz.

 

Greg James Aziz is the CEO that brought National Steel Car into the new century, quite literally. It is because of his leadership that they just recently celebrated their 100th birthday doing business. Looking at this amazing achievement one has to ask, “What did Greg Aziz do that profited his business so much?” It was two separate things.

 

The first Greg Aziz that guaranteed that Nation Steel Car had a future was to begin promoting a vision of innovation throughout the company. Greg Aziz knew that the quickest way to kill a business is to rely on what worked in the past. Greg Aziz was aware that the landscape had changed, and his company had to change along with it if they wanted to survive.

 

Greg Aziz allowed Research and Development to begin speaking with current customers and prospective customers to understand both present and future needs. R&D was then to begin developing cutting-edge rail cars that would match these needs. During this research, three needs quickly became apparent; the customer needed railcars with lower emissions, greater storage, and the ability to travel further. Greg Aziz got R&D working on those needs immediately. Soon they produced railcars that met those criteria. These changes came at a pivotal time for rail companies. That is because both Canada and the United States had passed stricter emission laws. Whichever business could meet these requirements the quickest would win market share. Luckily for National Steel Car, Greg Aziz already developed those rail cars five years earlier. This advantage allowed National Steel Car to rise while everybody played catch up. View More Information Here.

 

The second thing Greg Aziz did was to enhance the company’s foundations. He spent time getting to know the customers on a personal basis. It got to the point that customers would do business with National Steel Car simply because they liked Greg Aziz. This would also be true for the business’ suppliers. Greg Aziz would spend an immense amount of time recognizing the accomplishments of his workers. This made them feel valued and appreciated. Lastly, Aziz mentored and trained his executives to one day take his place as CEO.

See Related Info: https://templeofthecave.com/gregory-azizs-national-steel-car-leads-in-new-car-innovation/

The Relentless Gregory James Aziz

Gregory James Aziz, commonly known as Greg was born in London on 30th April 1949. He has managed to build an excellent reputation for himself following his vast array of achievements. These achievements lie against a backdrop of quality education that he acquired from the University of Western Ontario where he majored in Economics. Go Here To Learn More.

 

James Aziz kicked off his career in 1971 when he decided to use his skills to improve his own family company which specialized in the food industry. He oversaw the business grow to become a global importer and distributor of fresh foods to wholesalers in Eastern Canada and the United States. Leaving his family company in a stable condition, Gregory J Aziz moved to venture into the banking sector in the late 1980s. With the aid of his aggressive nature and his solid educational background, he was able to scan the environment and identified an opportunity.

 

In the year 1994, Gregory Aziz purchased National Steel Car Company which was based in Canada and whose original owner was Dofasco. He noticed that there were loops in the company and set out to turn the company around and transform into the leaders in Railroad Freight Car Manufacturing industry in North America. The zealous businessman decided to tap into the tremendous potential possessed by National Steel Car such as engineering capabilities and the existing human resources. He increased the human capital and maximized on team building to create a wholesome company.

 

Four years down the line, the results of these efforts were very forthcoming as the company experienced a drastic increase in the number of car purchases from the initial 3,500 to 12,000. This, in turn, saw James Aziz create more job opportunities as the employees’ number grew from 600 to 3,000. This was a great encouragement to Greg and pushed him to work even harder.

 

Gregory Aziz dedicated his time and energy to serve the company as its President and CEO. Together with his team, Mr. Aziz is committed to ensuring excellence prevails in the company. His efforts have not gone without notice across the globe. He has had the privilege of receiving the TTX SECO Award on behalf of the company since 1996 to date.

 

Gregory J Aziz also has a philanthropic side, where he gives back to the society by sponsoring local charity activities. Entirely a remarkable man he is, don’t you agree?