Jack Welch

Photo Credit: Business Standard

Jack Welch, former chairman and CEO of GE, dies at 84

Jack Welch, a railroad conductor’s son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84.

Welch died late Sunday at home, surrounded by his wife, Suzy, and family, and his beloved dogs nearby. The cause of death was renal failure, his wife said Monday.

President Donald Trump tweeted his condolences, saying “there was no corporate leader like ‘neutron’ Jack.”

Source: CNBC

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