Jack welch biography wikipedia



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Jack welch biography wikipedia

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  • Jack Welch

    American businessman (1935–2020)

    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.

    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]

    Early life and education

    Jack Welch was born in Peabody, Massachusetts, the only child of Grace (Andrews), a homemaker, and John Francis Welch Sr., a Boston & Maine Railroad conductor.[3] Welch was Irish American and Catholic.

    His paternal and maternal grandparents were both Irish.[4]

    Throughout his early life in middle school and high school, Welch found work in the summers as a golf caddie, newspaper delivery boy,