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Former chairman and CEO of General Electric, Jack Welch, dies at the age of 84

Former chairman and CEO of General Electric, Jack Welch, dies at the age of 84

Former chairman and CEO of General Electric Jack Welch died at 84, his wife confirmed.

Welch was the son of a railroad leader who led the company for 20 years and increased its market value from $ 12 billion to $ 410 billion.

At the height of his fame, he was called “manager of the century” by Fortune magazine.

Former chairman and CEO of General Electric Jack Welch died at 84

Former chairman and CEO of General Electric Jack Welch died at 84

However, Welch was also notorious for scrapping tens of thousands of jobs and earned itself the nickname Neutron Jack.

He is survived by his wife Suzy Welch.

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