LFM 00 Alum Named VP at Pratt & Whitney
By Lois Slavin
February 27, 2004
On January 1, 2004, LFM 00 alum Matthew Bromberg was named Vice President, Strategy & Business Development at Pratt & Whitney. Pratt & Whitney is a division of United Technologies (UTC).
In announcing the appointment, Pratt & Whitney President Louis Chênevert noted, “Matthew's new role is critical to the successful execution of Pratt's growth strategies in 2004 and beyond. Matthew and his team will be responsible for coordinating strategic plan development across all Pratt businesses and successfully implementing those plans to support overall performance.”
Prior to this position, Matthew served as Director, Corporate Strategy & Development for UTC. During his tenure at Corporate Headquarters, he supported business unit strategic development and acquisition programs, and was instrumental in the acquisition of Chubb. Chubb, which employs over 45,000 people, provides integrated security and fire protection systems for commercial customers. The company, which was based in the UK, serves over 1,000,000 customers around the world.
Prior to joining UTC, Matthew worked in diverse roles, including investment banking at Goldman Sachs & Co. and product development at General Motors. He also served as a nuclear submarine officer in the U.S. Navy for five years. He entered LFM in 1998, shortly after separating from the service.
“While in the Navy, I appreciated the importance of combining leadership and engineering skills. However, in selecting a graduate program, I wanted to refine my understanding and add to my toolbox of skills so that I could transition into corporate America,” he explained. “LFM seemed like a good fit because manufacturing and leadership are both emphasized.”
Matthew values his LFM experience. “LFM taught me how to gauge technologies and processes not just in terms of capabilities, but also in terms of the engineering, financial, and organizational implications. The MBA and the SM in Engineering I earned help me value the different pieces and how they fit together.”
UTC’s acquisition of Chubb is an excellent example. Matthew found his LFM education useful in helping him assess Chubb’s operations including its supply chain, IT system, and employee benefits program, and then determine where value could be added through improved management and through leveraging UTC’s resources.
“UTC is a fantastic company that is full of opportunities – domestic and international, commercial or aerospace, from product development and operations to finance and research,” said Matthew. As a founding partner company, UTC is a strong supporter of LFM, and remains committed to its relationship with MIT and key academic programs.
In addition to his dual LFM degrees, Matthew earned his a BS in Physics from the University of California, Berkley in 1992.