John Francis Welch Jr. (November 19, 1935 – March 1, 2024) was an American business executive, chemical engineer, and writer. He was Chairman and CEO of General Electric (GE) between 1981 and 2001. When Welch retired from GE, he received a severance payment of $417 million, the largest such … See more Jack Welch was born in Peabody, Massachusetts, the only child of Grace (Andrews), a homemaker, and John Francis Welch Sr., a Boston & Maine Railroad conductor. Welch was Irish American See more Welch joined General Electric in 1960. He worked as a junior chemical engineer in Pittsfield, Massachusetts, at a salary of $10,500, which would be equivalent to approximately $106,000 in 2024 dollars. In 1961, Welch planned to quit his job as junior engineer … See more Welch died from kidney failure at his home in New York City on March 1, 2024, at age 84. See more Welch identified politically as a Republican. He stated that global warming is "the attack on capitalism that socialism couldn't bring", and that it is a form of "mass neurosis". Yet he said that … See more Following Welch's retirement from General Electric, he became an adviser to private equity firm Clayton, Dubilier & Rice and to the chief executive of See more Welch had four children with his first wife, Carolyn. They divorced amicably in 1987 after 28 years of marriage. His second wife, Jane Beasley, was a former mergers-and-acquisitions lawyer. … See more Welch has been described as "perhaps the most celebrated American boss of recent decades." In a 2015 article in Harvard Business Review, … See more WebMay 31, 2024 · Revered by some and reviled by others, his name is Jack Welch and he served as the CEO for General Electric (GE) from 1981 to 2001. In Gelles’ new book, …

Former GE Chief Has ‘Met His Match’ in Divorce Court

WebSep 17, 2002 · Flaunting a shiny diamond bracelet given to her by Welch, Wetlaufer, 42, left her job in April, weeks after she took Jane Welch’s call. Jack Welch, 66, soon announced that he expected an ... WebMar 15, 2024 · Jack Welch, the legendary long-time chief executive of General Electric, died on Mar. 1, 2024, almost two decades after he left the company. His corporate legacy … duty to compensate

Former GE executives successful as CEOs elsewhere

WebDec 3, 2001 · At least 16 former Welch underlings now head publicly held U.S. companies, including behemoths such as 3M, Home Depot and Conseco, and 11 of those proteges … WebAccording to a company bio, "In 1980, the year before Welch became CEO, GE recorded revenues of roughly $26.8 billion; in 2000, ... Jack Welch, Jeff Immelt. In 2001, Jeff … WebMar 2, 2024 · Jack Welch, a titan of American business who transformed General Electric (GE) into America's most valuable company, has died aged 84. He ran the US conglomerate from 1981 until 2001, and was … duty to consider adr cpr