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Jack Welch

American business executive

Died when: 84 years 103 days (1011 months)
Star Sign: Scorpio

 

Jack Welch

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

He was instrumental in creating Boulwarism, i.e., surface bargaining as a way to thwart statutorily mandated good faith collective bargaining.


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