Jack Welch
American businessman (1935–2020) / From Wikipedia, the free encyclopedia
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For other people named Jack Welch, see Jack Welch (disambiguation).
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.
Quick Facts Born, Died ...
Jack Welch | |
---|---|
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 |
|
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) |
Children | 4 |
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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]