Jack Welch | |
---|---|
Born | John Francis Welch Jr. November 19, 1935 Peabody, Massachusetts, U.S. |
Died | March 1, 2020 | (aged 84)
Alma mater | University of Massachusetts Amherst University of Illinois at Urbana-Champaign |
Occupation | Chairman & CEO of General Electric (1981–2001) |
Political party | Republican |
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]