History of jack welch



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History of jack welch

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  • Welch, Jack 1935–

    (1935-)
    General Electric Company

    Overview

    Jack Welch may be the most respected manager in the business world. It has been estimated that during his tenure as head of General Electric (GE), Welch added $52 billion in market value to his company and, after a tech slump at Cisco, GE is again the world's largest corporation.

    That is a remarkable turnaround for a man who, during corporate cutbacks, earned the nickname "Neutron Jack" for eliminating 100,000 jobs at GE and radically reorganizing the blue–chip company. But his keen leadership has earned him admiration among his peers as the man they would most want to work for.

    Jack welch management institute

    He has maintained consistent earnings, solid financial performance, and strong commitment to shareholder value. Welch utilized his talents to take GE to the top and into the twenty–first century.

    Personal Life

    John Francis Welch, Jr.

    was born November 19, 1935, in Peabody, Massachusetts. He grew up in the small city of Salem, Massachusetts, in