Canadian businessman Louis Chenevert got his start at General Motors. He led their Saint Therese operations as its production general manager for 14 years. He then headed to the airplane engine firm Pratt & Whitney where he eventually became president in 1999. In 2006 he promoted to this firm’s parent company, United Technologies Corporation.
He started out as a director, was eventually promoted to president and chief operating officer, and in 2008 he became the chief executive officer. In 2010 he joined the board as its chairman. He decided to retire in November 2014. However, that didn’t last long and he now advises people on their investment decisions at Goldman Sachs.
As the top executive of UTC Louis Chenevert had a lot of successes he can point to. One of these was designing a new narrow body aircraft that is used by Airbus, Embraer and Bombardier. His company then designed new Gulfstream G500 and G600. They had replaced Rolls Royce for these airplanes who had this contract for decades. Another big success he says was being the sole supplier of F135 engines which he says forever changed military propulsion.
Louis Chenevert says that when he was leading United Technologies Corporation he focused on building small and nimble teams. He empowered these teams with the tools and funding they needed to develop innovative technologies. He also gave them a wide latitude of autonomy which he thought was incredibly important. The goal was to always make sure key objectives were met in a highly efficient way.
In order to succeed at the top of this company, he said that he always followed-up on projects and fully focused on them. He was also passionate about leading this company and always felt optimistic about the success of the company. He chose to not take part in internal politics and always made sure that his executives had the resources they needed to carry out their jobs. The worst job he ever had he says is working 2nd shit at GM when he first started out. He said the people he worked with had some really great ideas but the management of this company didn’t listen to them.
Chris Burch has been a serial entrepreneur and investor for four decades. He founded a New York City-based company called Burch Creative Capital and leads it as the chief executive officer. Through his company he has either created or invested in many up and coming companies in a number of different industries (burchcreativecapital.com). He says that creativity combined with sound business practices are what have made him very successful over the years.
Since the 1970s, Burch has either created or invested in over 50 businesses. He keeps an eye out for market opportunities that are unique in nature. Once he invests in a brand he helps the entrepreneur out who started it in a number of ways. This includes providing resources and his knowledge, especially when it comes to developing global supply chains. He has said that Burch Creative Capital basically boils down to matching great ideas with the capital they need to fund them.
Fashion is one of the biggest industries that Chris Burch creates and invests in. Some of the brands he has credit for introducing to the world are Tory Burch, Poppin, Ed by Ellen Degeneres, and TRADEMARK among others. When it comes to organic food he’s had a big hand in developing brands like Brad’ Raw Foods, Blink Health, Soludos, and Little Duck Organics. For technology firms he’s been an early investor in businesses like Powermat, Jawbone, and Next Jump. To know his latest follow on investments, check prnewswire.com.
Hospitality is an industry that Chris Burch started investing in a number of years ago. His first endeavor was a hotel in Buenos Aires, Argentina. It is a five-star hotel called the Faena Hotel + Universe. It had been a warehouse before he had the property converted in a complete rehabilitation of the property. It has been described as an urban oasis and it costs about $430 a night.
The Nihi Sumba Island resort is one that Chris Burch more recently rehabilitated. This is on a secluded Indonesian island that features beautiful beaches and is considered to be a tropical paradise (http://www.businessinsider.com/chris-burch-nihi-best-hotel-in-the-world-2017-7). This is considered to be one of the world’s leading hotels and depending on the season one of the one bedroom villas can be rented for anywhere from $750 a night to $1350.
Read this compelling interview on entrepreneur.com.
Indonesia is blessed with 13,000 beautiful islands, and one of them is Sumba Island. The island is located far from the populated centers of the country, and the island is filled with kind and hospitable people. The sceneries are beautiful, and the beaches in the island are virgin and not developed. It is a paradise for many, and it draws tourists from around the world because of its beauty. One of those foreigners who was attracted by the natural beauty of Sumba Island is Chris Burch, a wealthy American executive who is known for managing hedge funds and other financial assets in the United States. He is also an investor who has placed his wealth in different companies from some industries. He first saw the island in 2012, and along with his travel buddy James McBride, who is a hotelier, they decided to develop the island and build a luxury hotel and resort in it. Hop over to architecturaldigest.com for an additional article.
The luxury hotel and resort was called Nihiwatu, and Chris Burch invested more than $30 million for its development. The beaches and coves near Nihiwatu are also developed, and more amenities were offered to the tourists visiting the place. Because of its facilities and accommodating staff, the luxury hotel and resort owned by Chris Burch was named by an influential travel magazine as the best hotel and resort on the planet. Travel + Leisure awarded the recognition back in 2016, and one of their reasons why Nihiwatu was chose is because of its natural beauty and the amenities that were offered to the guests. Check businessinsider.com.
Chris Burch thanked the magazine for recognizing the effort of the staffs running the hotel and stated that it is right publicity for them because more people are now aware of the resort’s existence. More about this seasoned entrepreneur on bjtonline.com.
For his latest cool offering to the market, hit inc.com.
Today, Chris Burch and James McBride continue to develop the Nihiwatu luxury hotel and resort, and they keep bringing jobs to the local people of Sumba Island. More facilities are also being built on the island that benefits the local population. The island now has better ports and better roads for the locals and the tourists to use. To know his new and follow on investments, browse on this.
For contact details visit http://www.burchcreativecapital.com/contact/