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.
Jack Welch | |
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Welch in 2012 | |
Born | John Francis Welch Jr. November 19, 1935 Peabody, Massachusetts, U.S. |
Died | March 1, 2020 84) New York City, New York, U.S. | (aged
Alma mater | University of Massachusetts Amherst (BS) University of Illinois at Urbana–Champaign (MS, PhD) |
Occupations |
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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 |
When Welch retired from GE, he received a severance payment of $417 million, the largest such payment in business history up to that point. In 2006, Welch's net worth was estimated at $720 million.
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