Louis Chenevert is Rightly Hailed as the Legend

United Technologies Corporation is an aerospace manufacturer that has dominated both Canada and the United States of America for several decades now. They are the largest producer of military aircraft for both governments and their juggernaut business does not seem like it will die off anytime soon. However, it was not always like this.

The United Technologies Corporation has Louis Chenevert to thank for this good work.

He took a three-pronged approach to helping the United Technologies Corporation become widely successful. The first part of his strategy was to diversify the portfolio. When he took over as chief executive officer the great recession was destroying businesses everywhere. This included the aerospace manufacturing industry. There were few companies that could afford to purchase jet engines and flight sensors which was predominantly how United Technologies Corporation made its money. In order to continue competing, he decided to acquire companies such as Pratt & Whitney, Otis, and Goodrich. These acquisitions helped United Technologies Corporation branch out into military contracts, corporate infrastructures, and overseas trade.

The second part of his strategy was to decrease the needless spending in the company. He accomplished this by moving factory’s closer to one another. He found out through a survey that United Technologies Corporation was paying over $100 million a year transporting its own goods. By changing the way factories worked with one another, he was able to dwindle this cost.

Lastly, he was able to help United Technologies thrive by helping them prepare for environmental regulations. The United States Government and Canada were looking to pass stronger environmental laws to protect God’s nature. He knew that if United Technologies Corporation was to survive they would need to become more environmentally friendly. To do this, he led the way for United Technologies Corporation to decrease their water consumption and their carbon emissions.

He recently stepped down from United Technologies Corporation and now works as a consultant at Goldman Sachs in the executive banking division. We do not know what his compensation packages, but because of everything he brings to the table, we can assume it’s hefty.

https://www.crunchbase.com/person/louis-r-chenevert#/entity

Sam Tabar Ascends to the Top of FullCycle Energy Fund’ Leadership

Sam Tabar has been appointed as the chief operating officer for the prominent FullCycle Energy Fund. FullCycle Energy Fund, an organization, established in 2013, funds projects aimed at promoting environmental sustainability. Additionally, the firm takes pride in investing in traditional electric generation plants that minimize the cost of fuel while reducing the potential for environment pollution.

His duties at FullCycle Energy Fund will revolve around strategic management of the company’s fund. According to Tabar, he is enthusiastic about his appointment and looks forward to working with his colleagues to fulfill the company’s mandate. Additionally, he plans to work towards achieving the company missions of reducing fuel prices. Prior to his appointment, Tabar had been employed by various financial institutions and, thus, he is the right person to steer the FullCycle Energy Fund to greatness.

Sam Tabar’s work experience

One of the companies he has worked for is Sparx Group (PMA). He joined PMA in 2007 and headed the marketing department.During his tenure at PMA, Sam Tabar led a team of professionals in developing policies that were beneficial to the company. In 2011, he moved to Merrill Lynch where he served as the head of the capital strategy. In this company, his duties were to find potential investors such as pensions, endowments, family offices, and foundations and introduce them to fund managers.

At one point in his career, Tabar worked as an attorney for Skadden Law firm. He also served as a consultant advising clients on hedge fund formation and structure, regulatory and compliance issues, employment terms, as well as side letters and private placement of memoranda. Tabar graduated from Oxford University with a degree in arts. Tabar has a master’s degree in law from Columbia law school. At Columbia business law, he was an editor of the school’s journal. Tabar is also a member of the professional New York Bar. Tabar is an accomplished venture capitalist. For instance, has heavily invested in SheThinx, a business enterprise that empowers women in Africa and Asia through campaigning on feminine hygiene.