Jack Welch

Jack Welch
Welch in 2012
Born
John Francis Welch Jr.

(1935-11-19)November 19, 1935
Peabody, Massachusetts, U.S.
DiedMarch 1, 2020(2020-03-01) (aged 84)
Manhattan, New York, U.S.
Alma materUniversity of Massachusetts Amherst
University of Illinois at Urbana-Champaign
OccupationChairman & CEO of General Electric (1981–2001)
Political partyRepublican
Spouse(s)Carolyn B. Osburn (1959–1987)
Jane Beasley (1989–2003)
Suzy Wetlaufer (2004–present)

John Francis "Jack" Welch Jr. (November 19, 1935 – March 1, 2020) was an American retired business executive, author, and chemical engineer. He was chairman and CEO of General Electric between 1981 and 2001.[1]

In 2006, Welch's net worth was estimated at $720 million.[2] When he retired from GE he received a severance payment of $417 million, the largest such payment in history.[3]

Welch died on March 1, 2020 of renal failure at his home in Manhattan at the age of 84.[4][5]

References

  1. ↑ "Jack Welch: 'I Fell In Love'". CBS News. Archived from the original on 2013-10-01. Retrieved 2017-12-11.
  2. ↑ Storrs, Francis (March 2006). "The 50 Wealthiest Bostonians". Boston Magazine. Archived from the original on 2012-02-10. Retrieved 2008-10-03.
  3. ↑ Green, Jeff (June 6, 2013). "Jumbo Severance Packages for Top CEOs Are Growing". Business Week. Retrieved 2014-07-10.
  4. ↑ "Jack Welch, former chairman and CEO of GE, dies at 84". CNBC. March 2, 2020. Retrieved March 2, 2020.
  5. ↑ Gryta, Thomas (2 March 2020). "Jack Welch, Legendary CEO of General Electric, Dies at Age 84". Wall Street Journal. Retrieved 2 March 2020.