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In David Gelles’ new book, The Man Who Broke Capitalism —and How to Undo His Legacy, he chronicles how Welch’s laser focus on maximizing shareholder value by any means necessary - including ...
See About archive blog posts. Former General Electric Co. CEO Jack Welch warned today that the U.S. economy was in for ‘one hell of a deep downturn’ because of the credit crisis.
This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. Jack Welch, the guru of General Electric and the darling of Wall ...
On Welch's unflattering nickname "Neutron Jack" He hated the "Neutron Jack" name, even though he could never shake it. Even when he died in 2020, President Trump gave him a tweet.
Tributes are pouring in after the death of Jack Welch, the legendary CEO of General Electric from 1981 to 2001. But these tributes largely miss the deeper story of Welch’s legacy. It’s hard ...
Why did Mr. Welch choose Mr. Immelt as his successor when he could just have easily chosen Mr. McNerney, who wound up a successful C.E.O. of both 3M and Boeing, or Robert Nardelli, who had a ...
Illustration by Maxime Mouysset In late April of 1995, Jack Welch suffered a crippling heart attack. He was then in full stride in his spectacular run as the C.E.O. of General Electric.
Jack Welch, one of the United States' best-known CEOs, has died. Welch ran General Electric for two decades and built the company into one of the world's most valuable corporations. He was 84.
Welch spoke with 60 Minutes ahead of his retirement in 2001. At that point, he had spent the last two decades making G.E. competitive by aggressively downsizing and pushing into financial services.
Jack Welch, the CEO who ruled General Electric from 1981 to 2001, died on Sunday. Upon his retirement, almost 20 years ago, Welch was a legend — hailed as a "white-collar revolutionary" by The ...
Welch, who joined GE in 1960, became its youngest chairman and CEO in 1981 at age 45. During his tenure at GE, the company's value rose from $12 billion in 1981 to $410 billion when he retired in ...