Jack Welch, the champion of corporate efficiency who built General Electric (GE) into one of the world’s largest firms and influenced generations of business leaders, has died. He was 84.
The former GE chairman and chief executive officer, whose blunt style and ceaseless cost cutting earned him the sobriquet “Neutron Jack,” mentored proteges who went on to run some of the world’s best-known companies. Named “Manager of the Century” by Fortune magazine in 1999, he presided over a stock surge of almost 3,000 per cent during a two-decade tenure before his legacy was dented in retirement by GE’s share
The former GE chairman and chief executive officer, whose blunt style and ceaseless cost cutting earned him the sobriquet “Neutron Jack,” mentored proteges who went on to run some of the world’s best-known companies. Named “Manager of the Century” by Fortune magazine in 1999, he presided over a stock surge of almost 3,000 per cent during a two-decade tenure before his legacy was dented in retirement by GE’s share