For other people named Jack Welch, see Jack Welch (disambiguation).
Jack Welch
Welch in 2012
Born
John Francis Welch Jr.
(1935-11-19)November 19, 1935
Peabody, Massachusetts, U.S.
Died
March 1, 2020(2020-03-01) (aged 84)
New York City, New York, U.S.
Alma mater
University of Massachusetts Amherst (BS) University of Illinois at Urbana–Champaign (MS, PhD)
Occupations
Business executive
chemical engineer
writer
Title
Chairman & CEO of General Electric (1981–2001)
Political party
Republican
Spouses
Carolyn B. Osburn
(m. 1959; div. 1987)
Jane Beasley
(m. 1989; div. 2003)
Suzy Wetlaufer
(m. 2004)
Children
4
John Francis Welch Jr. (November 19, 1935 – March 1, 2020) 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 payment in business history up to that point.[1]
In 2006, Welch's net worth was estimated at $720 million.[2]
^Green, Jeff (June 6, 2013). "Jumbo Severance Packages for Top CEOs Are Growing". Bloomberg Businessweek. Retrieved July 10, 2014.[dead link]
^Storrs, Francis (March 2006). "The 50 Wealthiest Bostonians". Boston magazine. Archived from the original on February 10, 2012. Retrieved October 3, 2008.
her late husband JackWelch) of the business books Winning, published in 2005, and The Real Life MBA, published in 2015. In 1959, Welch was born as Suzanne...
The JackWelch Management Institute (JWMI) at Strayer University is a for-profit online educational institution based in the United States, owned by Strategic...
with General Electric CEO JackWelch that began in the late 1960s when Bossidy came to audit GE's plastics division where Welch worked at the time. Bossidy...
called stack ranking, forced ranking, and rank and yank. Pioneered by GE's JackWelch in the 1980s, it has remained controversial. Numerous companies practice...
John or JackWelch may refer to: John Welch (colonial administrator), 18th-century governor of Anguilla John Welch (politician) (1805–1891), U.S. representative...
Sheen)", by the Gregory Brothers Winning (book), a 2005 management book by JackWelch Winning Appliances, an Australian retailer Charles Winning (1889–1967)...
bachelor's students was 33 percent. In December 2011, it acquired the JackWelch Management Institute from Chancellor University for about $7 million....
Whatever the Odds: The Incredible Story Behind DLF, was published in 2011; JackWelch spoke at the launch. According to Forbes India Rich list of 2024, he is...
title, and later adopted by another NFL team owner of Greek heritage, JackWelch. Widely used during the global financial crisis of 2007–2008 and the Great...
Borge Boeskov, at the request of Phil Condit, president of Boeing, and JackWelch, chairman and CEO of General Electric. Since its introduction, over 260...
risen to become one of the top three executives competing to succeed JackWelch. Born in Old Forge, Lackawanna County, Pennsylvania, Nardelli attended...
George H. W. Bush received an honorary degree from Sacred Heart. In 2006, JackWelch, former CEO of General Electric, made a financial gift to the university...
Six Sigma in heavy manufacturing. A few years later, General Electric's JackWelch consulted Bossidy and implemented Six Sigma at the conglomerate. During...
Electric were also early adopters of Six Sigma. As GE's CEO, in 1995 JackWelch made it central to his business strategy. In 1998 GE announced $350 million...
Administration program at the university was renamed the JackWelch Management Institute in 2009, after JackWelch, the former CEO of General Electric, invested...
which they saw as more efficient. In the business world, managers like JackWelch gained fortune and renown by eliminating bureaucratic structures inside...
Jacqueline Denise Welch (born 22 May 1958) is an English actress, television personality, writer and broadcaster. Her roles include Natalie Barnes in...
Phillippe (1963–1972) Fred J. Borch (1967–1972) Reginald H. Jones (1972–1981) JackWelch (1981–2001) Jeff Immelt (2001–2017) John L. Flannery (2017–2018) H. Lawrence...
(1988) Warrior Statesman: The Life of Moshe Dayan (1991) The New GE: How JackWelch Revived an American Institution (1993) The Jewish Child's Book of Sports...
mainly on General Electric's appliances and lighting fixtures. In 2001 JackWelch retired with GE with its worth at 505 billion dollars and was replaced...
the performances of other well-known CEOs such as General Electric's JackWelch (11.2%) and IBM's Louis V. Gerstner Jr. (2%). These gains came from the...
General Electric from 1999 to 2005. He defended JackWelch's tenure as chief executive of GE, blaming Welch's successors for the company's steep decline....
could program the then-outdated PDP-8/S computer that had been donated by JackWelch for Bowyer's SETI a project at Hat Creek Radio Observatory. She worked...