Through streamlining operations, acquiring new businesses and ensuring that each business under the GE umbrella was one of the best in its field, the company was able to expand dramatically from 1981 to 2001. He reshaped the face of our company and the business world.”
“Jack was larger than life and the heart of GE for half a century. Lawrence Culp Jr., GE’s chairman and CEO, in a statement. “Today is a sad day for the entire GE family,” said H. He served in that position until he retired in September 2001, succeeded by Jeff Immelt. In December 1980, it was announced he would succeed CEO Reginald Jones and in April 1981 he took over as the company's eighth chairman and CEO.
President Donald Trump tweeted: 'There was no corporate leader like “neutron” Jack,' adding his warmest sympathies 'to his wonderful wife & family!' 'What he did as the leader of GE was remarkable.' 'When the book about business leaders in this century is written, Jack Welch will be near the very top,' said Thomas Cooke, professor at Georgetown University's McDonough School of Business.
